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Green Deal Industrial Plan

February 4, 2023

Context:

The European Union unveils its ‘Green Deal Industrial Plan’.

About ‘Green Deal Industrial Plan’:

  • According to the website of the European Commission, which oversees trade policy of the EU, the proposal involves building a simpler regulatory framework, providing faster access to funds, enhancing skills and improving the EU’s trade network.

Key Features:

  • Simpler regulatory framework: The plan seeks to formulate a “Net-Zero Industry Act”, which will not only simplify rules but also speed up the issuance of permits for green projects, such as renewable energy generation arrays, carbon capture and renewable hydrogen production facilities.
  • Enhancing skills: The plan aims to establish “Net-Zero Industry Academies” that will provide up-skilling and re-skilling programmes in strategic industries.
  • Improving the trade network: The plan underlines the importance of open trade and seeks to further “develop the EU’s network of Free Trade Agreements and other forms of cooperation with partners to support the green transition.

News Source: The Indian Express

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 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key
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