Top News

New climate pact is EU's 'man on the moon moment': chief executive

BRUSSELS (Reuters) - The European Union's executive wants to mobilize 100 billion euros worth of investment to help the bloc's economies become more environmentally friendly, European Commission head Ursula von der Leyen said on Wednesday.

Von der Leyen will propose her hallmark "Green Deal" for the EU later on Wednesday to commit the bloc to achieving climate neutrality by 2050.

Her proposal will feed into a discussion on Thursday and Friday by the bloc's national leaders, where Poland, Hungary and the Czech Republic are reluctant to go further in cutting greenhouse gas emissions.

"This is Europe's man on the moon moment," von der Leyen told journalists before making her climate pitch.

(Reporting by Gabriela Baczynska, Jonas Ekblom, Marine Strauss; Editing by Hugh Lawson)

Did this story inform or enhance your perspective on this subject?
1 being least likely, and 10 being most likely

Recent Stories