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

WION Web Team New Delhi, India Dec 11, 2019, 07.07 PM(IST) Edited By: Bharat Sharma

EU Commission President-designate Ursula Von der Leyen Photograph:( Reuters )

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Leyen is set to propose her much-awaited ''Green Deal'' for the bloc later today to showcase commitment to achieve climate neutrality by 2050

European Commission head Ursula Von Der Leyen today said that the European Union intends to mobilise 100 billion euros worth of investment in a bid to make the union's economies more environmentally friendly.

"This is Europe's man on the moon moment," Von Der Leyen exclaimed before making her climate pitch.

Poland, Hungary, and the Czech Republic have expressed dismay at cutting greenhouse gas emissions further. Leyen's deal is expected to bring back discussions surrounding this.

Leyen is set to propose her much-awaited ''Green Deal'' for the bloc later today to showcase commitment to achieve climate neutrality by 2050.

(With inputs from Reuters)