Achieving climate neutrality by 2050 will be a greater challenge for some Member States and regions than for others. For example, some of them are more dependent on fossil fuels or carbon-intensive industries, where many people are employed.

The EU has put in place a Just Transition Mechanism to financially and technically support the regions that will be most affected by the transition to a low-carbon economy. This will help mobilise at least €65-75 billion over the 2021-2027 period to:

• people and communities: widening employment opportunities and reskilling, making housing more energy efficient and combating energy poverty
• businesses: making the transition to low-carbon technologies more attractive to investors, providing financial support and investing in research and innovation
• Member States or regions: investing in new green jobs, sustainable public transport, digital connectivity and green energy infrastructure.

The first pillar of the Just Transition Mechanism is the Just Transition Fund, with a total budget of €17.5 billion. Expenditure from the EU budget will be complemented by national co-financing and transfers from the European Regional Development Fund and the European Social Fund+.

The Fund provides targeted support to fossil-dependent regions and carbon-intensive sectors. It aims to reduce the socio-economic costs of the green transition. The Fund will support investments in:

• SMEs and start-ups
• research and innovation
• clean technologies and emission reduction
• retraining employees and helping them to find a job.

June 7, 2021 The Council adopted a regulation establishing the Fund.

Source: https://www.consilium.europa.eu/pl/policies/green-deal/

Projekt otrzymał dofinansowanie z Norwegii poprzez Fundusze Norweskie 2014-2021, w ramach programu „Dialog społeczny – godna praca”.