The European Green Deal was announced in 2019 and it was the flagship policy of the then incoming European Commission President Ursula von der Leyen. The overarching aim of the plan is to make the European Union carbon neutral by 2050. The notion of climate change has become rather the “climate emergency” and this has been given a very high priority in the package of measures. Specific policy areas are focused on making the EU economy sustainable. These include Sustainable Finance, the Renovation Wave, and the new Circular Economy Action Plan. See separate sections for further details.