This article presents the historical progression of changes and arguments indicating the need to move from fossil energy sources to the green economy in the European Union (EU) countries. It shows trends in the EU’s climate and energy policy compared to the rest of the world. At the same time, it points to the elements of the necessary compromise between the climate requirements and the energy security of countries and their economies. The aim of the article is to present the main quantitative challenges for the development of the green economy in the EU, which are analyzed from the perspective of the year 2030. For this year, specific values have been established to be achieved by European countries in several fundamental areas. On the other hand, the strategic goals and further development perspective are included until 2050. This undoubtedly indicates the complexity of the issue, which is intensified as a result of the various economic and political strategies of many European Union members. At the same time, as part of the analysis carried out, efforts are made to develop concepts and practical recommendations for the development of a green European economy.