At the end of 2019, the European Commission announced their intention to pursue a new growth strategy for Europe, that will address the existential threat of climate change. The European Green Deal is intended to be the path forward for transforming the EU into a modern, resource-efficient and competitive economy. With this EU Green Deal, Europe aims to become the first climate neutral continent by reaching zero net emissions of greenhouse gases by 2050. All while creating a Europe in which economic growth is decoupled from resource use and where no one is left behind.
BUT. And this is a big but! The EU Council, made up of the member states heads of government, was not aligned with the Parliament’s position of tackling the 1.5 degree climate goal. Therefore, the Climate Law had to be decided in the Trilogue negotiations between the European Council, the Parliament and the Commission.
When Earth Day and the President Joe Biden’s Climate Summit were coming closer, European leaders sped up the negotiations and reached an agreement. This agreement is some progress, but does not at all meet the scale of the climate crisis and its urgency.