European Union Unveil A Financial Plan for Carbon Neutrality

The European commission will introduce proposals on Tuesday on how the bloc can achieve a carbon 

neutrality economy by 2050 while protecting regions and industries most dependent on coal 

from changes aimed at preventing climate change.

The European commission will publish details of the Sustainable Europe Investment Plan, which 

will use the funds of the public and private sector to make €1 trillion of investments over 10 

years to help finance the flagship program of the European Green Deal.

All EU countries except Poland agreed last month that their economies should be transformed over 

the next 30 years to limit carbon emissions under absorption in order to limit global warming and 

the resulting climate change.

The deal has acquired overwhelming support in Europe, where irreversible climate change is seen 

as one of the biggest threats ahead of terrorism and unemployment.