4. Creating Local Partnerships
Created by ReSEL TUC

EUROPEAN GREEN DEAL, transforming Europe to the first climate-neutreal continent

All 27 EU Member States committed to turning the EU into the first climate neutral continent by 2050. To get there, they pledged to reduce emissions by at least 55% by 2030, compared to 1990 levels.

In the framework of the European Green Deal, the EU announced a finance strategy for providing support towards the sustainable transition, in the context of recovery from the COVID-19 outbreak. The European Green Deal Investment Plan mobilises over 1 trillion euros for sustainable investments to the green transition, also through the Just Transition Mechanism, a key tool for inclusive support on regions, industries and workers that provides financial support, transition plans, attractive conditions and technical assistance.

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