What is the approximate financial investment outlined in the EU Green Deal?

The EU Green Deal outlines a significant financial investment of approximately €1 trillion, aimed at addressing climate change and promoting sustainability across member states. This ambitious economic plan is designed to support the transition to a more sustainable economy, reduce greenhouse gas emissions, and enhance efforts toward implementing renewable energy sources. The €1 trillion investment is intended to facilitate a wide range of initiatives, including boosting green technologies, improving energy efficiency, and promoting biodiversity.

The scale of this financial commitment reflects the European Union's recognition of the urgent need to tackle environmental challenges and foster social equity, aligning with global efforts to achieve sustainability. By mobilizing such a substantial investment, the EU aims to position itself as a leader in the global green transition and tackle both economic recovery and environmental goals concurrently.