Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

New climate pact is EU's 'man on the moon moment': chief executive

European Commission President Ursula von der Leyen speaks to the media in Brussels, Belgium December 11, 2019. REUTERS/Francois Lenoir

BRUSSELS (Reuters) - The European Union's executive wants to mobilize 100 billion euros worth of investment to help the bloc's economies become more environmentally friendly, European Commission head Ursula von der Leyen said on Wednesday.

Von der Leyen will propose her hallmark "Green Deal" for the EU later on Wednesday to commit the bloc to achieving climate neutrality by 2050.

Her proposal will feed into a discussion on Thursday and Friday by the bloc's national leaders, where Poland, Hungary and the Czech Republic are reluctant to go further in cutting greenhouse gas emissions.

"This is Europe's man on the moon moment," von der Leyen told journalists before making her climate pitch.

(Reporting by Gabriela Baczynska, Jonas Ekblom, Marine Strauss; Editing by Hugh Lawson)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.