Lesson 12Why going green in business?
- Notion 77 - Save money in the long term
- Notion 78 - Consumers are environmentally aware and recognize green companies.
- Notion 79 - Going green can stimulate innovation
- Notion 80 - Sustainability helps the environment
- Notion 81 - European Green Deal 2019-2024
- Notion 82 - The 2030 Agenda for Sustainable Development
- Notion 83 - Green Growth Knowledge Partnership (GGKP)
- Notion 84 - Partnership for Action on Green Economy (PAGE)
- Notion 85 - Quiz
Notion 81
European Green Deal 2019-2024
Target skills
As we have seen in the previous notion, everybody is responsible for taking care of our environment.
In response to the climate change at European level, the European Commission adopted European Green Deal. It’s a set of policy initiatives aimed at making Europe a fair and prosperous society with sustainable economy and climate neutrality (net-zero greenhouse gas emissions) by 2050.
To achieve its goals it covers 8 policy areas:
- Energy
- Climate
- Agriculture
- Industry
- Environment
- Transport
- Finance
- Innovation
The deal is not a legislation but rather a roadmap for what needs to be done in order to become sustainable. Some achievements have been done within each of the 8 areas mentioned above and several strategy papers were published. They include food production, biodiversity preservation, and industrial and digitalization policies, considered the pillars of the Green Deal. For example:
- European climate law entered in force in 2021. It legally binds all member states to reduce emissions by 55% by 2030. ( https://www.youtube.com/watch?v=9cpnKYtJ4EY )
- The Farm to fork strategy. It should ensure a fair, healthy, and environmentally friendly food system while providing livelihoods for farmers. It covers the entire food supply chain, from reducing by 50% the use of pesticides and the sale of antimicrobials to increasing the use of organic farming. ( https://www.europarl.europa.eu/news/en/headlines/society/20200618STO81513/green-deal-key-to-a-climate-neutral-and-sustainable-eu )
- EU Circular economy Action Plan