‘Greenlash’ reshapes EU’s flagship sustainability deal
THE European Union’s Green New Deal has been one of the signature features of European Commission President Ursula von der Leyen’s term in office since 2019. However, there are increasingly signs that this flagship policy may now transition to a new phase in 2024 with strong emphasis on decarbonisation, and less on biodiversity and nature conservation.
A key driver for this potential evolution is a growing “greenlash” (backlash against green policies) across much of Europe.
Recent weeks, for instance, have seen significant farmer protests across much of Europe including France, Italy, Spain, Romania, Poland, Greece, Germany, Portugal and the Netherlands.
TRENDING NOW
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Asean must retain more value as its digital economy races towards US$2 trillion: Indonesian minister
Singapore releases Economic Strategy Review Final Report with more detailed proposals