The European Commission introduced a plan to overhaul the bloc’s economy to more sustainable, climate-conscious policies and infrastructure, with the goal of being carbon-neutral by 2050, according to CNBC.

The proposal, dubbed the “European Green Deal,” seems to be the most ambitious vision from a major economy to combat the climate crisis. The proposal for the 28 countries that make up the world’s largest economic bloc and ranks third behind the U.S. and China in global greenhouse emissions will require a massive overhaul of its practice in order to achieve no detrimental impact on the economy by 2050, as Vox reported.

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