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The "green deal" will cost the European Union $ 100 billion

Ukraine / Europe

Investments will be crucial to the success of Europe in the fight against global warming. To this end, the European Commission will present the sustainable Europe for investment.

The "green deal" will cost the European Union $ 100 billion

the European Commission is finalizing so-called "green deal", which will be unveiled next week on 11 December. This is stated in the report of the President of the European Commission Ursula von der Leyen.

"I want to inform you that we are working on the ambitious task of gaining a mechanism-just transition to a clean economy, together with the European investment Bank, € 100 billion for the next budget period. To achieve this, we create a mechanism, which relies on funding sources from the EU budget", - said von der Leyen.

According to the head of the European Commission, the European "green deal" to combat climate change will be a huge opportunity for economic growth of the European Union.

"If we do this right, if we invest in research and innovation in green technologies, sustainable solutions and new businesses, we will be able to demonstrate how setting a trend that might be for the European Union's new growth strategy," said von der Leyen.

Brussels wants all member countries of the EU have achieved carbon neutrality, that is, reduced to zero the difference between the emissions of greenhouse gases and their absorption. The "green deal" also implies better thermal insulation of houses and installation of more effective heating.

"the Renovation of buildings will allow people to reduce their utility bills, says Esther Eysines from the Fund for the protection of wildlife. - You will have to pay less for energy in homes will become warmer. This will create the opportunity for employment; we need the labor force, professionals, technicians to do the repair. This is a Prime example of how to enlist the support of the societies. We can benefit people, it will be good for the climate and the environment".

Main environmental Agency of the European Union warned Wednesday that it may be implementing the wrong climate policy that will prevent global warming.

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