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The European Union will need to “re-orient most, if not all” of its policies in order to protect vulnerable regions and workers in industries affected by the transition to a green economy, the EU Commission’s vice-president Frans Timmermans has said.
The European Commission will propose on Tuesday (14 January) how the EU can pay for shifting the region’s economy to net-zero CO2 emissions by 2050 while protecting coal-dependent regions from taking the brunt of changes aimed at fighting climate change.