THE EUROPEAN
GREEN DEAL:
EFFECTIVENESS,
IMPLEMENTATION,
AND BUSINESS
OPPORTUNITIES
BY VIOLA AND LUKA
AGENDA
01
INTRODUCTION
02
EFFECTIVENESS
OF THE
EUROPEAN
GREEN DEAL
03
IMPLEMENTATION
REQUIREMENTS
04
CONCLUSION
GREEN DEAL
A COMPREHENSIVE PLAN BY THE EU
GREEN DEAL
GREEN DEAL
+ WELL-BEING AND HEALTH OF
CITIZENS AND FUTURE
GENERATIONS
EFFECTIVENESS
OF THE
EUROPEAN
GREEN DEAL
AMBITIOUS
GOALS
GOAL OF LIMITING GLOBAL WARMING TO
WELL BELOW 2 DEGREES CELSIUS.
LEGISLATION
AND
REGULATION:
FINANCIAL
COMMITMENT:
GREEN
INVESTMENT
THE EU AIMS TO MOBILIZE €1 TRILLION IN
INVESTMENTS OVER THE NEXT DECADE
INTERNATIONAL
COOPERATION
EU COLLABORATES WITH OTHER NATIONS
AND ORGANIZATIONS TO SET GLOBAL
STANDARDS AND SHARE BEST PRACTICES
EU RENOVATION
WAVE
RENOVATION OF 220 MILLION BUILDINGS BY
2050 TO INCREASE THEIR ENVIRONMENTAL
PERFORMANCE
EU CODE OF CONDUCT ON
RESPONSIBLE FOOD BUSINESS AND
MARKETING PRACTICES:
SIGNED BY 65 ORGANIZATIONS
IMPLEMENTATION
REQUIREMENTS
POLICY COHERENCE:
EU MEMBER STATES MUST ALIGN
THEIR NATIONAL POLICIES WITH
THE GREEN DEAL'S OBJECTIVES.
INVESTMENT NEEDS:
BUSINESSES NEED ACCESS TO
FUNDING AND INCENTIVES TO
MAKE THESE INVESTMENTS.
INFRASTRUCTURE OVERHAUL:
TRANSFORMATION OF ENERGY,
TRANSPORTATION, & INDUSTRIAL
INFRASTRUCTURE.
SOCIAL & ECONOMIC IMPACTS:
ENSURING A JUST TRANSITION IS
ESSENTIAL
TECHNOLOGY INNOVATION:
BUSINESSES MUST DEVELOP AND
ADOPT NEW TECHNOLOGIES
COMPLIANCE COSTS:
MEETING STRICT EMISSIONS
TARGETS CAN BE COSTLY FOR
BUSINESSES
TRANSITION RISK:
RISK THAT BUSINESSES WON’T BE
ABLE TO FIND AN ALTERNATIVE
REGULATORY COMPLIANCE:
ADHERING TO EVOLVING
ENVIRONMENTAL REGULATIONS
AND STANDARDS REQUIRES
CONTINUOUS MONITORING AND
ADAPTATION
CONCLUSION
Initiative to combat climate
change
CONCLUSION
The challenges are
substantial, but the
rewards are equally
significant.
THANK YOU
ANY QUESTIONS?
A List of
References
European Green Deal Policy Guide. (2021, November 15). KPMG. https://kpmg.com/xx/en/home/insights/2021/11/european-green-deal-policy-guide.html
What you need to know about the European Green Deal - and what comes next. (2021, July 13). World Economic Forum. https://www.weforum.org/agenda/2021/07/what-youneed-to-know-about-the-european-green-deal-and-what-comes-next/
W. (2021, September 30). The European Green Deal - An Analysis of Key Aspects - The European Institute for International Law and International Relations. The European
Institute for International Law and International Relations. https://www.eiir.eu/publications/strategic-affairs-publications/the-european-green-deal-an-analysis-of-keyaspects/
The European Green Deal. (2021, July 14). European Commission. https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/european-green-deal_en
Konstantonis, N. (2021, December 29). European Green Deal and Policies Towards the Green Transition in the EU. HAPSc Policy Briefs Series, 2(2), 239.
https://doi.org/10.12681/hapscpbs.29511
https://www.consilium.europa.eu/en/policies/green-deal/