Parliament wants the Green Deal to be at the core of the EU’s Covid-19 recovery package. The comments, personal data (name and/or pseudonym) and any other personal information included by the Data Subject in the published comments will be disseminated on the website in keeping with the request expressed by the Data Subject. After long and difficult negotiations, EU leaders secured a deal on the multi-annual budget and recovery plan. La sous-partie “Objectif climatique" rappelle les principaux objectifs du Green Deal, ainsi que les obligations internationales de l’UE : “L’action pour le climat sera intégrée dans les politiques et programmes financés au titre du CFP et de Next Generation EU. Read more about the challenges to be tackled by the new industrial strategy. In her speech, Von der Leyen announced that 37% of NextGenerationEU will be spent directly on the European Green Deal objectives aiming to kickstart a European renovation wave and make the EU a leader in the circular economy. The EU Biodiversity Strategy for 2030, unveiled in May, aims to protect nature, reverse the degradation of ecosystems and halt biodiversity loss. The most important part of Next Generation EU is a new Recovery and Resilience Facility of €560 billion, whose purpose is to offer financial support for investments and reforms, including in relation to the green and digital transitions and the resilience of national economies, linking these to the EU priorities – but with no reference to the impact of shocks. To encourage investment in environmentally sustainable activities and prevent companies falsely claiming their products are environmentally friendly - practice known as green-washing -Parliament adopted new legislation on sustainable investments in June 2020. 672.5 billion € will be allocated to the RRF post-covid19 EU reconstruction programme as the main instrument, the remaining 77,55 billion € through existing EU programmes. During the coronavirus pandemic economic activity slowed, causing a reduction in carbon emissions but leaving the EU facing recession. This report relies exclusively on the inputs that SETIS received from the IWGs. The plan, along with the next EU long-term budget which still needs to be approved by member states and Parliament, aims to create a greener, more inclusive, digital and sustainable Europe and increase resilience to future crises such as the climate crisis . Dal Green Deal alla proposta di una prima Legge sul Clima Europea finalizzata a rendere il target di emissioni zero nel 2050 un obiettivo vincolante per i Paesi UE, a risorse per fronteggiare l’emergenza Covid quali il Sure, (strumento europeo di sostegno temporaneo per attenuare i rischi di disoccupazione nell’emergenza) ed il tanto discusso Recovery Fund (Next Generation EU). Find out more about this roadmap for a climate-neutral Europe. The European Green Deal is Europe’s growth strategy. In a resolution adopted on 15 May 2020, Parliament called for an ambitious recovery plan with the Green Deal at its core. Together with the EU’s coming €1.1 trillion multi-annual budget, the European Union will have a unprecedented €1.8 trillion spending capacity over the next seven years (2021-2027). Prior to the COVID‐19 crisis, the newly appointed president to the Commission, Ursula von der Leyen, identified the green agenda as a unifying project for the EU (von der Leyen, 2019). Find out how the Parliament is combatting pesticides in food. In addition the Commission presented the EU Circular Economy Action Plan in March, which includes measures along the entire life cycle of products promoting circular economy processes, fostering sustainable consumption and guaranteeing less waste. The event will bring together executives of companies from different sectors to discuss the measures already put in place by their companies to achieve the goals identified by the European Union. In the context of the Paris Agreement, and therefore using today's emissions as baseline, because since 1990 EU emissions already dropped by 25% at 2019, a 55% reduction tar SETIS did not seek for additional evidence to substantiate the findings of the progress review. There is a deal. The EU has launched the Covid-19 Recovery Plan for several objectives. Read what the European Parliament is doing to ensure that the EU will fulfil its ambitious targets to tackle climate change. Box 2 - “Next Generation EU”: lo strumento finanziario per la ripresa europea 46 Tabella 1 - Tabella di marcia - Azioni chiave del Green Deal europeo 34 Tabella 2 - Un’Europa sociale forte per transizioni giuste: il programma 43 Tabella 3 - Quadro di raffronto tra … boost the efficient use of resources by moving to a clean, circular economy; restore biodiversity and cut pollution; The plan outlines investments needed and financing tools available. Discover how the Just Transition Fund will help EU regions make the transition to a greener economy. The ‘Next Generation EU‘ instrument will create a ‘green, digital and resilient Europe’. At the request of the Heads of State or Government, the Commission presented at the end of May a very wide-ranging package combining the future Multiannual Financial Framework (MFF) and a specific Recovery effort under Next Generation EU (NGEU). Next Generation EU and the Green Deal: the Business Perspective ... To rebuild Europe after the COVID-19 pandemic, the European Union has decided to implement the Next-Generation EU - an instrument created specifically to respond to the health crisis - and allocate a total of € 1 800 billion for the 2021-2027 period. Post-COVID-19 Europe will be greener, more digital, more resilient and better fit for the current and forthcoming challenges. It still has to be approved by the Parliament. To ensure we use it to its full potential, it is essential that Next Generation EU drives our competitive sustainability. MEPs also recognise forestry's contribution to creating jobs in rural communities and the role the EU could play in protecting and restoring the world’s forests. It explains how to ensure a just and inclusive transition. Even though EU agriculture is the only major farm sector worldwide to have reduced its greenhouse gas emissions (by 20% since 1990), it still accounts for about 10% of emissions (of which 70% are due to animals). Context: Aligning policy targets of the European Green Deal with the “Next generation EU” green recovery programme will be crucial. Direct access to language menu (press "Enter"), Direct access to search menu (press "Enter"), Green Deal: key to a climate-neutral and sustainable EU, Climate change is already affecting Europeans today, Check legislative process on the Green Deal, ambitious recovery plan with the Green Deal at its core, attracting at least €1 trillion worth of public and private investment, public sector loan facility to support green investments, new legislation on sustainable investments, shift from an unsustainable to a sustainable economic system, the Just Transition Fund will help EU regions make the transition to a greener economy, more ambitious emission reduction targets, the EU's contributions to global climate measures, support for the move towards a greener economy, the challenges to be tackled by the new industrial strategy, EU measures to reduce greenhouse gas emissions, unlocking €20 billion per year for biodiversity. November 30, 2020 An diesem Freitag starten, mit dem Treffen der Staats- und Regierungschefs der EU-Mitgliedstaaten, die Verhandlungen zu dem von der Europäischen Kommission vorgeschlagenen EU-Aufbauplan „Next Generation EU“. See the complete information policy. In November 2020, Parliament asked for a revision of the proposal to reflect the impact of the pandemic in the industrial sector. As 99% of European firms are small and medium-sized enterprises (SMEs), accounting for 50% of the EU gross domestic product and responsible for two out of three jobs, the Commission also proposed a new SME strategy, encouraging innovation; cutting red tape and allowing better access to finance. Two-thirds of the envisaged €750 billion of bonds receipts will fund grants and, for the first time, will therefore not be backed by individual member states borrowing the proceeds from the EU. The plan, along with the next EU long-term budget which still needs to be approved by member states and Parliament, aims to create a greener, more inclusive, digital and sustainable Europe and increase resilience to future crises such as the climate crisis. The measures to be implemented by the French and Italian governments will also be discussed. Find out about EU’s progress towards its climate goals. These would include proceeds from the Emissions Trading System and a carbon border adjustment mechanism that would impose a levy on imports of certain goods. Learn how your comment data is processed. Find out how. Live Webinar November 30, 2020 3:30 – 5:00 pm . The €672.5 billion facility is at the heart of the EU's extraordinary recovery effort, Next Generation EU (NGEU): the €750 billion plan agreed by EU leaders in July 2020. 11850730158, NEXT GENERATION EU AND GREEN DEAL: THE OUTLOOK FROM THE ENTREPRENEURIAL STANDPOINT. As part of the investment plan, the Just Transition Mechanism should help alleviate the socio-economic impact of the transition on workers and communities most affected by the shift. In response, the European Commission came up with Next Generation EU, a €750 billion recovery plan. The funds will help member states address the economic and social impact of the COVID-19 pandemic whilst ensuring that their economies undertake the green and digital transitions , becoming more sustainable and resilient . In January, Parliament had called for more ambitious emission reduction targets than those initially proposed by the Commission. © The European House — Ambrosetti S.p.A. 2015 Via Francesco Albani 21 | 20149 Milano Tel. ‘Next Generation EU’ boldly goes where no EU plan has gone before, but misses ‘green’ final frontier The €1.85 trillion recovery plan unveiled by the European Commission today is a historic step forward for the European Union that could spark a green, healthy and just recovery, green group Transport & … 3:30 – 5:00 pm. In March 2020, the Commission presented a new industrial strategy for Europe, to ensure that European businesses can transition towards climate neutrality and a digital future. MEPs want the EU to support the industry during an initial recovery phase and then focus on transformation and improving autonomy in a second phase. Parliament and Council agreed on the introduction of new sources of revenue to fund the budget and the recovery plan. It will focus on: Find out more about the benefits of the circular economy and how the Parliament fights plastic pollution. An ambitious EU long-term budget will be crucial to rebooting the economy and creating a green, digital and resilient Europe after Covid-19. The European Green Deal: the EU’s growth strategy. In May 2020, the Commission proposed a public sector loan facility to support green investments in regions dependent on fossil fuels. We reserve the right to remove the sentences deemed offensive. The Farm to Fork Strategy, presented by the Commission in May 2020, should guarantee a fair, healthy and environmentally friendly food system, whilst ensuring farmers’ livelihoods. Find out what the European Parliament is doing to avoid plastic waste and marine littering as well as boost plastic recycling in Europe. The deal paves the way for a green and resilient recovery, with a commitment to 30% of funds going to climate projects and the … The European Green Deal is a set of policy initiatives by the European Commission with the overarching aim of making Europe climate neutral in 2050. European Green Deal and the Next Generation EU. We appreciate your comments. Insgesamt sollen 750 Milliarden Euro mobilisiert werden, um damit die EU aus der durch die Covid-19 Pandemie verursachten Rezession zu führen. To rebuild Europe after the COVID-19 pandemic, the European Union has decided to allocate funds for a total of €1,800 billion in its budget for the period 2021-2027 to Next-Generation EU – a tool developed specifically to deal with the healthcare crisis. In response, the European Commission came up with Next Generation EU, a €750 billion recovery plan. Ecco cosa si trova all’interno di Next Generation Eu e cosa si rischia se non si effettua la necessaria transizione ecologica Green Deal europeo e politiche di parità di genere : un approccio convenzionale, ancora piuttosto diffuso , tenderebbe a considerare in modo distinto queste due tematiche, tradizionalmente considerate tra loro distanti e indipendenti. The Green Deal also requires international cooperation. Find out what the European Parliament is doing to ensure our resources are managed in a more sustainable way. It covers the entire food supply chain, from cutting the use of pesticides and sales of antimicrobials by half and reducing the use of fertilisers to increasing the use of organic farming. The new deal also includes €7.5 billion in rural development grants from the EU recovery fund, intended to help farmers meet the bloc’s climate ambitions. Vorgesehen sind unter anderem eine Stärkung des European Green Deal und Investitionen in wichtige Infrastrukturen wie erneuerbare Energien. The food sector is one the main drivers of climate change. In November 2020, MEPs also asked for a shift from an unsustainable to a sustainable economic system, as crucial to develop the long-term strategic autonomy of the EU and to increase the EU’s resilience. Live Webinar If fully implemented, the Commission’s Next Generation plan would increase the EU’s financial obligations fifteen-fold. NEXT GENERATION EU E GREEN DEAL: IL PUNTO DI VISTA DELLE IMPRESE. Von der Leyen’s vision for a next generation EU. To put Next Generation EU’s funding ambitions into perspective, the size of its annual borrowing requirement is almost identical to the combined issuance in 2020 of the four public sector borrowers represented at last week’s panel on implementing the green deal. In the early hours of 21 July, EU leaders agreed a deal on the new seven-year EU budget and the Next Generation EU recovery instrument. In December MEPs voted on their position concerning the initial SME strategy, asking the Commission to update it in light of the coronavirus crisis, emphasising liquidity problems and digital aspects as well as expressing support for the move towards a greener economy. Kritikern sind die Pläne nicht ambitioniert genug. At the same time the EU aims to tackle the loss in biodiversity, including the potential extinction of one million species. In response, the Commission unveiled the European Green Deal, a roadmap for Europe becoming a climate-neutral continent by 2050. The primary objective is to help its Member States in order to repair the immediate economic and social damages that have impacted by the coronavirus pandemic.Cite error: A tag is missing the closing (see the help page). The measures to be adopted by the member countries will focus on creating a Europe that is more eco-friendly, digital and resilient. The results presented in this publication will contribute to the update of the SET Plan. The EU aims to be climate neutral in 2050. The multiannual budget is worth €1.074 trillion for 2021-2027, while the recovery fund, the Next Generation EU, remained at €750 billion (in 2018 prices) for 2021-2024. An impact assessed plan will also be presented to increase the EU's greenhouse gas emission reductions target for 2030 to at least 50% and towards 55% compared with 1990 levels. We recommend that EU initiatives take an open and outward-looking approach to ensure equal and non-discriminatory access for third-country financial institutions, businesses and investors. The European Green Deal provides an action plan to. In March 2020, the Commission proposed the European Climate Law, a legal framework to achieve the 2050 climate neutrality goal. Public investments in the recovery should respect the green oath to “do no harm". Once member states in the Council establish their position on the climate law, Parliament and Council will start negotiations on the final text, which must receive approval from both institutions. This site uses Akismet to reduce spam. The agreed total EU expenditure of €1 824 billion for the period 2021-2027, consisting of €1 074 billion for the Multiannual financial framework (MFF) and €750 billion for the Next Generation EU (NGEU) is the last train Europe could catch to catalyse the transition to a carbon neutral economy, innovation and green growth. fostering convergence, resilience and transformation in the European Union. Contact: SMA@amchameu.eu The Green Deal: laying the foundations for the next generation Parliament adopted its negotiating mandate on the EU climate Law, in October 2020, endorsing the 2050 climate neutrality goal and a 60% emission reduction target by 2030 compared to 1990 levels, which is more ambitious than the Commission’s initial proposal of 55% and more than the current interim target of 40%. The Recovery and Resilience Facility: the centrepiece of NextGenerationEU with €672.5 billion in loans and grants available to support reforms and investments undertaken by EU … The Green Deal was put on the table in December 2019, setting out a plan for how to turn green transformation into an economic growth opportunity for Europe. +39 02 46753.1 - Fax +39 02 46753 333 P.I. In January 2020, the Commission presented the Sustainable Europe Investment Plan, the strategy to finance the Green Deal by attracting at least €1 trillion worth of public and private investment over the next decade. Just over a month after the presentation of the European Green Deal, the European Commission presented a detailed proposal on how to finance it.The European Green Deal Investment Plan is designed to attract at least one trillion euros worth of public and private investment over the next decade.. Why it matters. The first pillar is based on the idea that all the reform action to be carried out by the Commission … Read and accepted. Among its main objectives are: Parliament has been advocating sustainable forestory as forests play an essential role in absorbing and offsetting carbon emissions. Das von EU-Kommissionspräsidentin Ursula von der Leyen vorgelegte milliardenschwere Programm „Next Generation EU“ soll die Wirtschaft nach der Corona-Pandemie wieder ankurbeln. In the section related to ‘Kick-starting the economy and helping private investment’, there … On 15 June, the DIW Berlin presented their findings on the realisation of a fully renewables powered European economy in a comprehensive study entitled “Make the European Green Deal Real”. In November 2019, the Parliament declared a climate emergency asking the Commission to adapt all its proposals in line with a 1.5 °C target for limiting global warming and ensure that greenhouse gas emissions are significantly reduced. Find out about the EU's contributions to global climate measures in our timeline. The monitoring methodology was That figure was halved during the final stages of negotiations — but perhaps as a gift to soften the blow, leaders agreed to ring-fence close to €5.4 billion in gifts for 15 countries from the CAP rural development budget.