The road towards climate neutrality
The European Green Deal, approved in 2020, is a set of policy initiatives by the European Commission with the overarching aim of making the European Union (EU) climate neutral in 2050. The plan is to review each existing law on its climate merits, and also introduce new legislation on the circular economy, building renovation, biodiversity, farming and innovation. This multifaceted strategy encompasses various sectors:
The EU Action Plan for the Circular Economy (CEAP) II, prioritizing resource-intensive industries and striving to prolong the lifespan of resources within economic cycles.
Advocating for energy-efficient building refurbishments to curtail energy consumption and greenhouse gas emissions.
Safeguarding and rehabilitating ecosystems through the implementation of the New 2030 Biodiversity Strategy.
Encouraging the adoption of sustainable agricultural practices and mitigating the environmental footprint of farming.
Providing backing for research and innovative endeavors to propel transformative advancements.
Moreover, the European Green Deal encompasses the European Green Deal Investment Plan and the Just Transition Mechanism, both aiming to equitably distribute the burdens associated with transitioning to a greener economy. This initiative is integral to the EU's recovery efforts encapsulated within NextGenerationEU and the EU's seven-year budget, with a notable allocation of one-third of the €1.8 trillion investments earmarked for the European Green Deal.
Understand the target of attaining climate neutrality at European Union level, what are the instrument to be used in the process and what are the obligations depending on the specific legislation applicable
At the end of the course the participants will be able to present what is the objective of climate neutrality, why it is important in the context of the EU Green Deal and how different legislation applies to different companies depending on their sector, activities and specific economic thresholds.
