The new Commission has put forward its proposal for a European Green Deal – one of the most eagerly anticipated points of President von der Leyen’s political agenda.
A number of core implementation measures will be crucial in the decade ahead:
- Timely and ambitious implementation of the Clean Energy Package will be the foundation for success.
- Carbon should be given a meaningful and impactful price so that it creates the right market signal for carbon reduction.
- Europe needs to urgently align technology, financing and objectives: this means that the EU’s climate ambitions need to be mainstreamed throughout the EU budget, the newly announced green financing strategy, and existing and new funds for innovation, just transition, investment and development.