What are the green pact and the climate pact?
Have you ever heard of the European Green Deal? Indeed, it is a set of policies that consist of the transformation of several sectors of society. Its main ambition is to neutralize the European Union by 2050.
Moreover, having the title of the first continent to achieve climate neutrality is the strategy of the European Union. The Green Pact was launched for Europe and commits States to reduce net greenhouse gas emissions. Its objective is to reduce them to 55% in 2030 compared to their level in the 1990s.
What is the Green Pact?
The Green Pact is a European project, which brings together all the measures aimed at getting the European Union on the path to ecological transition. Its ultimate objective is to achieve climate neutrality by 2050. Indeed, it promotes the transformation of the European Union into a just and prosperous society with a modern and competitive economy.
What are the objectives set by the Green Pact?
As a Climate Pact, the main objective of the Green Deal is for Europe to achieve climate neutrality by 2050. In other words, this pact aims for all greenhouse gas emissions is significantly reduced, captured or absorbed by forests, oceans or soils.
The beating heart of the Green Pact, the European climate law was elected in June 2021. This law set in stone the European legislation the objective of climate neutrality, the intermediate target of a reduction in greenhouse gas emissions by at least 55% by 2030. The European Union is also committed to strengthening its carbon sinks.
What are the actions of the European Green Deal?
The European Green Deal presents a roadmap bringing together actions to promote the efficient use of resources through a clean and circular economy and thus restore biodiversity and reduce pollution.
Furthermore, the Green Deal sets out the investments needed and the financing instruments available and develops how to ensure a just and inclusive transition. In 2050, the EU will be climate neutral. To achieve this major objective, European climate legislation will be introduced to transform this political commitment into a legal obligation and incentivize new investments.
To do this, all sectors of our economy will have to take action:
- Invest in environmentally friendly technologies;
- Encourage innovation in the industry;
- Put in place cleaner means of private and public transport;
- De-carbonize the energy sector;
- Optimize the energy efficiency of buildings;
- Collaborate with international partners to advance global environmental standards.
The European Union will also provide financial support and technical assistance to support the citizens, businesses and regions most affected by the transition to a green economy.