Green Deal Europe: what impact will it have?
A climate-neutral Europe in 2050. That is the aim of the European Green Deal and the political commitment of the European Commission. Sustainable growth, including economic growth, is an important cornerstone of this.
Tackling the challenges together
The challenges we face are well known. Challenges such as rising CO2 emissions, declining fossil fuel reserves, and imbalances in the natural world. Efforts are being made to address these challenges by stimulating the transition to sustainable energy, reducing production of greenhouse gases, saving energy, and promoting a circular economy. Moreover, in order to meet the objectives of the Paris Agreement, CO2 emissions will have to be at least 50%, preferably 55%, lower than 1990 levels by 2030.
To achieve this, the European Climate Law is the first step towards enshrining this promise in European legislation. This Climate Law is at the heart of the Green Deal and the establishment in law of the global Paris Agreement on climate change. We not only have a responsibility to do this, but an obligation too.
Climate law as an opportunity for businesses
The Green Deal will have a major impact on European industry. It is the greatest challenge, as well as the greatest opportunity, of our time. After all, the possibilities for improved sustainability are wide-ranging.
A Green Deal is a voluntary agreement between a private partner, such as a company, and the Flemish or Dutch government to start a green project together. In doing so, you put your ideas into practice. For companies, innovative partnerships, increased visibility and, of course, sustainability are all attractive aspects of becoming a party to a Green Deal. It can put your company firmly on the map and give you an edge over the competition. Collaborating with other companies that are actively involved in sustainability and/or Green Deals also gives your own company a boost.
Read more about the Green Deals:
- Green Deals in Belgium
- Green Deals in the Netherlands