Corona Virus recovery effort and European Green Deal
Decarbonization of economy is nothing new for climate activists. The effort has been debated around the world. The European governments were contemplating to balance the decarbonization while addressing social and economic concerns.
European Green Deal - a framework of regulation and legislation to achieve the EU’s targets of net-zero carbon emissions by 2050, and a 50%-55% cut in emissions from 1990 levels by 2030 has been baking for quite some time. For sure, it has been considered before the COVID 19 pandemic. However, the discussion has attracted new momentum as the public sector around the globe are looking to propose economic stimulus that does not thwart climate effort.
A recently published policy piece describes in detail how the economic stimulus may help governments in achieving that elusive Green Deal.