The Senate Democrats’ Special Committee on the Climate Crisis released a plan Tuesday to address climate change.

In its press release, the Senate Democrats stated that “the new report—which comes after dozens of hearings, meetings, and input from experts, labor unions, mayors, environmental justice leaders, and native communities, among others—details how bold climate action from Congress can create millions of new jobs, grow the American economy, and improve people’s lives across the country.”

In the report, the committee calls on Congress to:

reduce U.S. emissions rapidly to achieve 100 percent global net-zero emissions no later than 2050; stimulate economic growth by increasing federal spending on climate action to at least 2 percent of GDP annually—and ensure that at least 40 percent of the benefits from these investments help communities of color and low-income, deindustrialized, and disadvantaged communities; and create at least 10 million new jobs.

“The climate crisis is not some distant threat. It is here now, and it will be catastrophic if we don’t strike back immediately,” said Senate Democratic Leader Chuck Schumer. “Over the next few decades, climate change will affect every part of American life: our health, our economy, our national security, even our geography. Democrats are committed to working—decisively and aggressively—to avoid the steep human and economic costs of a worsening climate crisis, and to guide the transition to a low carbon economy.”