What's next on the new EU Green Deal
The new European Commission, headed by Ursula von der Leyen is scheduled to start working soon and both environmental and climate policy will likely be high on the list of policy priorities. The President-elect has tasked Frans Timmermans with presenting the European Green Deal within the first 100 days of the new Commission's mandate and with coordinating work on a new Just Transition Fund.
In her political guidelines for the next Commission, President-elect Ursula von der Leyen outlines a plan for a European Green Deal that would set Europe on a path towards becoming the first climate-neutral continent by 2050. She presents this as the 'greatest challenge and opportunity of our times', requiring decisive action, investment in innovation and research, a redesign of the EU economy and an updated industrial policy.
According to this year´s Eurobarometer 78% of Europeans want to see more political activity in this field, ranking it the second most important field, with fighting terrorism being the most important one.
In the draft agenda for the coming years, von der Leyen focuses on a European Green Deal, which includes a long list of policy proposals that can be summarised in the four main areas below.
|Reduce Emissions||Increase Funding||Protect the Environment||Increase Resource Efficiency|
|Extend Emissions Trading System
Carbon Border Tax
Decarbonise energy-intensive Industry
Incentivise behavioural change
A housing renovation programme, aimed at reducing energy consumption of buildings, will be "one of the flagships" of the upcoming European Green Deal.
These policy objectives are set to be supported by funding from the next multiannual financial framework. According to the proposal by the European Commission, over five BEUR are earmarked for a renewed "LIFE" programme that, among others will finance a clean energy transition, circular economy and biodiversity.
Possibly, also funds from the European Development Fund, the Cohesion Fund and the European Agricultural Fund for Rural Development will support climate change policy.