Unpacking the European Green Deal: What could this mean for UK businesses?

As the European Union begins to rapidly try and meet its Climate related targets, the impact on trade and development has yet to be fully broken down and reviewed. New legislation could bring about significant changes to both procurement and delivery of EU projects. Join us as we hear from DAI representatives on what the new European Green Deal could mean for UK businesses.

Presented in December 2019, the overarching objective of the EU Green Deal is for the EU to become a climate-neutral continent by 2050. The European Green Deal represents a comprehensive policy package with a wide range of legal and policy measures including support for restoring ecosystems and biodiversity, a clean environment, more affordable energy, smarter transport, new jobs, sustainable food systems, and healthy diets.

The impact of such changes on organsiations and benficiary governments alike, has yet to be fully mapped out. At an international level, any actors looking to import or export to the EU, or apply for and deliver EU development aid will in some way be affected by these coming changes. With implementation of these regulations set to come over the next 5 years, it is important BEI members are briefed on the potential impacts of these changes on their engagement with the EU.

This session aims to explore the effect of the EU Green Deal on Britain’s markets, trade relations, and businesses. DAI is currently working on a set of regulations and updates that form part of the European Green Deal and at this event, will unpack the potential impact of this deal on emerging and developing economies that many UK businesses rely on in their supply chains and trade.