05 March, 2020
3 Min Read
Syllabus subtopic: Important International Institutions, agencies and fora - their Structure, Mandate.
Prelims and Mains focus: about the proposed law and its objective; about EU’s Green deal and its significance
News: Amid fierce criticism from environmental activists, the European Commission (EU’s executive arm) is unveiling plans for its first ever climate law — the basis of the European Union’s Green Deal aimed at making the 27-country bloc climate neutral by 2050.
Objective of the proposed law
With its proposals, the EU’s executive arm wants to make its ambition of cutting greenhouse gas emissions to zero by mid-century irreversible, and legally-binding for all member states.
About the draft law
According to a leaked draft of the proposals establishing the 2050 goal, the European Commission is proposing a mechanism for regularly raising the EU’s emissions reduction target over the next three decades.
About European Green Deal
It also includes:
It also leans on Horizon Europe, to play a pivotal role in leveraging national public and private investments. Through partnerships with industry and member States, it will support research and innovation on transport technologies, including batteries, clean hydrogen, low-carbon steel making, circular bio-based sectors and the built environment.
About Horizon Europe
Source: Indian Express
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