The European Union proposed making its climate-neutrality strategy a key pillar of a 750 billion-euro ($824 billion) recovery plan in a bid to boost economic growth and create new jobs.
The unprecedented stimulus program — along with a revised budget for the next seven years — aims to accelerate the transition to clean transport, increase energy savings and boost the production of renewable energy. The blueprint also promises more funds to help the regions most affected by the environmental clean-up that European Commission President Ursula von der Leyen put at the heart of her political agenda.
“We can now lay the cornerstone for a union which is climate neutral, digital and more resilient than ever before,” von der Leyen told members of the European Parliament in Brussels on Wednesday.
