EU to boost green recovery

The EU plan to tackle climate change by 2050 was a major part of Ursula von der Leyen’s State of the Union Address, diminated by COVID and the recovery from it.

Spurred by the recent UN IPCC report, the Intergovernmental Panel on Climate Change, she said that “we will make sure that higher climate ambition comes with more social ambition. This must be a fair green transition”.

The words however ambitious will need to be followed by action, as so far, the European Green Deal, includes 90 legislative proposals of which only 28 have been submitted, and from that a mere 15 have been fully adopted.

Possibly as a measure to address these deficiencies the EU is proposing to increase its budget for green change, with von der Leyen saying: “My message today is that Europe is ready to do more. We will now propose an additional €4bn for climate finance until 2027.”

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