What's next for the European Green Deal? | Business and Economy


The composition of the next EU parliament could affect the future of the bloc's climate policies.

European Commission President Ursula von der Leyen unveiled the bloc's climate plan in 2019, calling it “Europe's man-on-the-moon moment.”

That landing of the so-called European Green Deal is now in question. The package costs more than $1 trillion in investments each year.

The next European Commission will have to raise more funds for the package. But support for the deal among voters is waning as the energy crisis worsens.

The possible rise of right-wing parties after the parliamentary elections could cause the bloc to backtrack on some measures.

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