European Green Deal
The European Green Deal is a set of policy initiatives by the European Commission with the overarching aim of making Europe climate neutral in 2050. An impact assessed plan will also be presented to increase the EU's greenhouse gas emission reductions target for 2030 to at least 50% and towards 55% compared with 1990 levels.

In the context of the Paris Agreement, and therefore using today's emissions as baseline, since 1990 EU emissions already dropped by 25% at 2019, a 55% reduction target using 1990 as baseline represents in 2019 terms a 40% reduction target, which can be calculated using this equation: 
formula_1 

According to the Emissions Gap Report 2020 by the UNEP (United Nations Environment Programme), meeting the Paris Agreement's 1.5° temperature increase target (with 66% probability) requires GtCO2e 34/59 = 57% emissions reduction globally from 2019 levels by the year 2030, therefore well above the 40% target of the European Green Deal.

This 57% emission reduction target at 2030 represents average global reductions, while advanced economies are expected to contribute more.

The plan is to review each existing law on its climate merits, and also introduce new legislation on the circular economy, building renovation, biodiversity, farming and innovation.

The president of the European Commission, Ursula von der Leyen, stated that the European Green Deal would be Europe's "man on the Moon moment", as the plan would make Europe the first climate-neutral continent. Von der Leyen appointed Frans Timmermans as Executive Vice President of the European Commission for the European Green Deal. On 13 December 2019, the European Council decided to press ahead with the plan, with an opt-out for Poland. On 15 January 2020, the European Parliament voted to support the deal as well, with requests for higher ambition.

The European Commission's climate change strategy, launched in 2020, is focused on a promise to make Europe a net-zero emitter of greenhouse gases by 2050 and to demonstrate that economies will develop without increasing resource usage. However, the Green Deal has measures to ensure that nations that are already reliant on fossil fuels are not left behind in the transition to renewable energy. 
Q8880
European Commission
ORG
None
EU's greenhouse gas emission
UNK
Q497743
circular economy
Concept
Q2144402
building renovation
Concept
Q47041
biodiversity
Concept
Q174165
innovation
Concept
Q60772
Ursula von der Leyen
PER
Q32681
Frans Timmermans
PER
Q8886
European Council
EVE
Q36
Poland
LOC
Q8889
European Parliament
ORG
Q8880
European Commission
ORG
Q1774424
net-zero
UNK
Q167336
greenhouse gases
Concept
Q79198143
European Green Deal
MEDIA
Q79198143
European Green Deal
MEDIA
Q79198143
European Green Deal
MEDIA
Q79198143
European Green Deal
MEDIA
2050-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2050
DATE
2030-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2030
DATE
1990-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
1990
DATE
1990-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
1990
DATE
2019-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2019
DATE
1990-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
1990
DATE
2019-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2019
DATE
2020-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2020
DATE
2019-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2019
DATE
2030-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2030
DATE
2030-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2030
DATE
2019-12-13T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
13 December 2019
DATE
2020-01-15T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
15 January 2020
DATE
2020-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2020
DATE
2050-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2050
DATE
+50^^http://www.w3.org/2001/XMLSchema#decimal
50
NUMBER
+55^^http://www.w3.org/2001/XMLSchema#decimal
55
NUMBER
+25^^http://www.w3.org/2001/XMLSchema#decimal
25
NUMBER
+55^^http://www.w3.org/2001/XMLSchema#decimal
55
NUMBER
+40^^http://www.w3.org/2001/XMLSchema#decimal
40
NUMBER
+1^^http://www.w3.org/2001/XMLSchema#decimal
1
NUMBER
+1.5^^http://www.w3.org/2001/XMLSchema#decimal
1.5
NUMBER
+66^^http://www.w3.org/2001/XMLSchema#decimal
66
NUMBER
+2^^http://www.w3.org/2001/XMLSchema#decimal
2
NUMBER
+34^^http://www.w3.org/2001/XMLSchema#decimal
34
NUMBER
+59^^http://www.w3.org/2001/XMLSchema#decimal
59
NUMBER
+57^^http://www.w3.org/2001/XMLSchema#decimal
57
NUMBER
+40^^http://www.w3.org/2001/XMLSchema#decimal
40
NUMBER
+57^^http://www.w3.org/2001/XMLSchema#decimal
57
NUMBER
inception