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On July 14, the European Commission adopted a set of proposals to make the EU's climate, energy, transport and taxation policies fit for reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. Achieving these emission reductions in the next decade is crucial to Europe becoming the world's first climate-neutral continent by 2050 and making the European Green Deal a reality.
The Green Deal is a response to the climate change crisis and the environmental degradation, transforming the EU into a modern, efficient and competitive economy. The Green Deal will be financed by a third of the 1800 billion euro investment headed to the NextGenerationEU together with an extra investment of the EU.
There are 8 main Action areas to achieve the Green Deal: climate, energy, agriculture, industry, environment and ocean, transport, finance and regional development, research and innovation. The targets are to guarantee clean air and water; healthy soil and biodiversity; new and efficient buildings with intelligent use of energy; healthy and accessible meals; good and accessible public transportation; clean energy; long-lasting products substituting disposable ones; creation of work spaces suitable to the future demands. All of which have the same purpose of transforming the economy and the society.