Environmental and climate problems impact on health and the quality of life of EU citizens, and on the availability and status of natural resources, implying social and economic costs. The transition to a low-carbon and circular economy is a project of economic modernisation for Europe and a priority of the Juncker Commission. The transition to a modern, clean and more circular economy requires major shifts in investments towards new infrastructures, new technologies, new business models, and new modes of production and consumption of all types of goods and services, including food and natural resources. The EU is a global leader for environmental protection and climate action. Over the past 40 years, it has put in place a broad range of environmental policies, funds and tools, amounting to the most modern standards in the world. The EU wants to maintain and enhance this role.
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