It provides targeted support to help mobilise around €55 billion over the period 2021-2027: €19.2 billion in current prices, is expected to mobilise around EUR €25.4 billion in investments.

N/A

People and citizens, most vulnerable to the transition.
The Just Transition Mechanism will protect them by:
• Facilitating employment opportunities in new sectors and those in transition;
• Offering re-skilling opportunities;
• Improving energy-efficient housing;
• Investing to fight energy poverty;
• Facilitating access to clean, affordable and secure energy.

Companies and sectors, active in or comprising carbon-intensive industries.
The Just Transition Mechanism will protect them by:
• Supporting the transition to low-carbon technologies and economic diversification; based on climate-resilient investments and jobs;
• Creating attractive conditions for public and private investors;
• Providing easier access to loans and financial support;
• Investing in the creation of new firms, smes and start-ups;
• Investing in research and innovation activities.

Member States and regions, with high dependence on fossil fuel and carbon-intensive industries.
The Just Transition Mechanism will protect them by:
• Supporting the transition to low-carbon and climate-resilient activities;
• Creating new jobs in the green economy;
• Investing in public and sustainable transport;
• Providing technical assistance;
• Investing in renewable energy sources;
• Improving digital connectivity;
• Providing affordable loans to local public authorities;
• Improving energy infrastructure, district heating and transportation networks.

To be eligible for JTF funding, investments in the following activities and themes must be supported:

• Retraining of workers and inclusion of jobseekers;
• SMEs and the creation of new businesses that diversify the economy of a territory;
• Renewable energies and energy efficiency of buildings;
• Renovation and modernisation of district heating networks;
• Clean mobility;
• Digital technology;
• Circular economy, including waste management.

The scope of support includes, inter alia:

• Investments in microenterprises;
• Sustainable tourism, sustainable transport;
• Digital innovation;
• Training workers and jobseekers.

All investments contribute to the achievement of the objectives detailed in the Territorial Just Transition Plans (TJTPs). In addition, the supported activities focus on internal economic growth in key sectors in relation to the affected smart specialisation strategies.

The Just Transition Fund aims to reduce the social and economic costs resulting from the transition to an EU climate-neutral economy by supporting a diversification of economic activity, creating new business opportunities and helping people adapt in a changing labour market. To tourism SMEs, the fund can provide investments in fixed capital or immaterial assets.

Not yet available.

• Just Transition funding sources
• Regulation on the JTF