A green road to recovery
In 2019, the European Commission presented the European Green Deal, under which it aims to become climate-neutral by 2050. In May of this year, the commission also unveiled a new instrument to fund the bloc’s recovery from the Covid-19 crisis, in line with the Green Deal principles. This reinforced the drive for renewables investment. pv magazine examines what the latest developments mean for solar.
Europe’s Green Deal, first presented on Dec. 11, 2019, remains in its infancy. However, as the bloc now faces two major crises – climate change and Covid-19 – its green package might finally start to reach early adulthood.A key tool behind the EU Green Deal is the so-called Just Transition Mechanism (JTM), which aims to …
Advertisement
Advertisement
Advertisement
Advertisement