European Commission will give 100 million euros to help EU nations lower emissions

They hope that it will help EU nations that stand to be hit the hardest by the transition to cleaner industries. To get everyone on board with her plan to combat global warming, European Commission President Ursula von der Leyen wants to put up 100 billion euros to help EU nations that still heavily rely on fossil fuels transition to lower emissions. “The cost of the transition will be big, but the cost of non-action will be much bigger,” von der Leyen said, comparing her Green Deal to a “man on the moon moment.” The net-zero emissions goal will be discussed Thursday during a meeting of EU heads of state and government in Brussels. That’s why waiting till October is too late.” Von der Leyen’s plan, which also intends to promote biodiversity, building renovation and sustainable mobility across the bloc, also recognizes the need to make respecting the Paris climate accord an essential condition of all future trade agreements concluded by the EU and international partners. “President von der Leyen is still clinging to old consumption- and growth-obsessed economics,” said the group’s director, Jagoda Munic, claiming that the plan still backs using gas, a fossil fuel, and still supports overconsumption.