BRUSSELS - The European Union's new executive was set to launch a Green Deal policy package to tackle climate change on Wednesday , trumpeting the plan to raise €100 billion for the initiative as the bloc's"man on the moon moment".
"Today is the start of a journey. But this is Europe's man on the moon moment," von der Leyen told journalists before taking her climate pitch to the European Parliament. Teenage climate activist Greta Thunberg has triggered a global youth-led protest movement against world leaders over their perceived inaction on climate change.
Von der Leyen has pledged to work for a more ambitious 2030 target, to cut emissions by at least 50 per cent of 1990 levels over the next decade. The target now is for a 40 per cent cut.