• The recently approved CAP incorporates the new green architecture through eco-schemes
• Throughout this week the “EU Green Week” is celebrated, which places the bioeconomy at the center of the post-pandemic economic recovery

The new CAP is the most environmentally friendly of the recent reforms and is adapted to the times and demands of citizens, as it will allocate 40% of its budget to climate and environmental objectives, while ensuring the profitability of farmers and ranchers.

The new CAP includes so-called eco-schemes , complementary aid for implementing environmentally beneficial practices. Twenty percent of direct aid will be allocated to eco-schemes, which will be implemented in 2023, when the new CAP comes into force. Member States will be given the flexibility to design their own eco-schemes based on their needs. Their objective is to advance the environmental transformation of agriculture to achieve the proposed climate objectives.

“European Green Deal”

The European Green Deal is the roadmap developed by the European Union (EU) to achieve a sustainable economy . This requires efficient use of resources and compliance with two requirements:

• Zero net greenhouse gas emissions by 2050
• Economic growth dissociated from the use of resources

The European Green Deal establishes an action plan that describes the necessary investments and the available financing tools . And, to keep things simple, this plan has been reinforced by a European Climate Law that turns this political commitment into a legal obligation.

The premises of the European Green Deal aim to:

• Investing in environmentally friendly technologies
• Supporting industry to innovate
• Deploy cleaner and cheaper public and private transport systems
• Decarbonizing the energy sector
• Ensure energy-efficient buildings
• International collaborations to improve global environmental standards

The Green Deal includes financial support and technical assistance to help people, businesses, and regions most affected by the transition to a green economy: the Just Transition Mechanism . This fund will help mobilize at least €100 billion over the period 2021-2027 in the most affected regions.

Milestones
The events related to the European Green Deal, in chronological order from the present day onwards, are as follows:

• 2030 Climate Target Plan - September 17, 2020
• EU strategies for energy system integration and hydrogen – 8 July 2020: paving the way for a fully decarbonized energy sector.
• EU Biodiversity Strategy 2030 - 20 May 2020: aimed at protecting the planet's natural resources.
• Farm to Fork Strategy - May 20, 2020: To increase the sustainability of food systems.
• Circular Economy Action Plan - March 11, 2020: focusing on the sustainable use of resources.
• European Industrial Strategy - 10 March 2020: A plan for a future-proof economy.
• European Climate Law - 4 March 2020: to ensure the European Union's climate neutrality by 2050.
• Investment Plan for the European Green Deal and the Just Transition Mechanism - 14 January 2020.
• Presentation of the European Green Deal - December 11, 2019.

EU Green Week

This week, from 19 to 22 October, the EU Green Week is being celebrated, which focuses on nature as an ally for post-pandemic economic recovery.

There are more than 30 virtual discussions on how to protect and restore nature to stimulate economic and social recovery and create jobs, helping us build a healthier and more resilient society.

EU Green Week is a milestone ahead of the UN Biodiversity Conference , scheduled for 2021.