Short answers, pulled from the story.
The European Green Deal is a set of policy initiatives by the European Commission aimed at making the European Union climate neutral by 2050. It was presented on the 11th of December 2019, and the European Parliament voted its support on the 15th of January 2020.
The European Climate Law requires EU greenhouse gas emissions to fall 55% below 1990 levels by 2030. By 2019, emissions had already declined 25% from 1990, meaning the 2030 target requires significantly faster action.
Fit for 55 is a package of legislative proposals published in July 2021 that details how the EU plans to reach its 2030 emissions target. It includes ETS2, which will price carbon from buildings and road transport from 2027. All new cars sold in the EU must be zero-emission vehicles from 2035.
The Green Deal's InvestEU plan projected at least one trillion euros in total investment. Reaching the 2030 goals is estimated to require approximately 260 billion euros in annual investment. The 750-billion-euro NextGenerationEU recovery package, linked to the Green Deal, allocated 25% of its funding to climate mitigation, later raised to 30%.
Greenpeace described the European Green Deal as "too little too late," and the Institute for European Environmental Policy found most policy objectives lacked clear goals. Poland, the Czech Republic and Hungary were the most persistent opponents, objecting to the economic costs for coal-dependent economies. Trade unions warned the programme could put 11 million jobs at risk.
The New European Bauhaus is an artistic movement launched by European Commission President Ursula von der Leyen. Its aim is to give the European Green Deal a cultural dimension, drawing on the tradition of the Bauhaus school founded by architect Walter Gropius. The first prizes were awarded in Brussels on the 16th of September 2021.