The Make-or-Break Decade for the SDGs has begun

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The Green New Deals: Europe and the United States in Comparison In response to growing concerns about climate, biodiversity loss, pollution, and growing inequality, government bodies in Europe and the United States have proposed (and in some cases – adopted) “Green New Deals.” The aim of these deals is to decarbonize and keep the climate crisis to a minimum while creating employment and ensuring a just transition. 12 Global Goals Yearbook 2021
FRAMING THE DEBATE Jonathan Fordyce the SustainAbility Institute by ERM The American Green New Deal The Green New Deal resolution was delivered by Democrats Alexandria Ocasio-Cortez and Edward J. Markey on February 5, 2019, under the title “Recognizing the duty of the government to create a Green New Deal.” The resolution was non-binding, meaning that even if Congress approved it, nothing would materialize into law. On March 26, 2019, the resolution was denied in a 57–0 vote with many criticisms focusing on the ability to fund the deal and the potential for increased taxes and the deal’s subsequent impacts on the economy. Since this development, and differing from the Green New Deal, US President Joe Biden revealed a $2.3 trillion infrastructure plan to address climate change. The plan includes $174 billion to boost the electric vehicle market and $100 billion to update the country’s electric grid and make it more resilient to climate disasters. The key focus areas of the Green New Deal were around decarbonizing the economy through the phasing out of fossil fuels and transitioning to 100 percent renewable energy. The resolution also aimed to fix societal issues such as economic inequality, poverty, and racial injustice. Some of the key takeaways from the resolution were: • Achieve net-zero emissions through a fair and just transition • Create new high-paying jobs • Invest in infrastructure to sustainably meet the needs of the 21st century • Promote justice and end inequality The European Green New Deal On December 11, 2019, the new European Union Commissioner, Ursula von der Leyen, presented the European Green Deal. The Green Deal resets the Commission’s commitment to tackling climate change while also transitioning the economy toward a new growth strategy. “Our goal is to reconcile the economy with our planet, to reconcile the way we produce, the way we consume with our planet and to make it work with our people,” von der Leyen stated. The deal was adopted in 2019 and includes 50 policy measures with a legally binding target of reducing EU emissions to net zero by 2050. The four key ambitions of the Green New Deal are: 1. EU to become climate neutral by 2050 2. Protect humans, animals, and plants by cutting pollution 3. Help companies become world leaders in clean products and technologies 4. Ensure a just and inclusive transition. The deal covers 10 policy areas, which are depicted below with an accompanying roadmap for legislative release dates: >> Global Goals Yearbook 2021 13
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GLOBAL GOALS YEARBOOKS
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