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Just Transition Mechanism 2021-2027

The Just Transition Mechanism aims to alleviate the socio-economic impacts of the green transition in the regions most affected by it. It focuses on the regions, industries and workers who will face the greatest challenges.

Budget

55 billion euro

Beneficiaries

All beneficiaries

Type of financing

Regulation (EU) 2021/1229 of the European Parliament and of the Council of 14 July 2021 on the public sector loan facility under the Just Transition Mechanism

Budget
55 billion euro
Bénéficiaires
All beneficiaries
Type de financement​
Regulation (EU) 2021/1229 of the European Parliament and of the Council of 14 July 2021 on the public sector loan facility under the Just Transition Mechanism
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The Just Transition Mechanism was proposed by the European Green Deal to leave no one behind. It focuses on those regions and sectors that are most affected by the green transition given the dependence on fossil fuels.

Objectives

  • To protect the people and citizens who are the most vulnerable to the transition;
  • To help companies and sectors active in or comprising carbon-intensive industries;
  • To help Member States and regions with high dependence on fossil fuel and carbon-intensive industries.

Structure

  • Just Transition Fund: grants and loans to support carbon-intensive regions to remove fossil fuels;
  • Invest EU “Just Transition” scheme: financial guarantees and loans;
  • Public Sector Loan Facility.

Priorities

  • Priority 1: Facilitating employment opportunities in new sectors and those in transition;
  • Priority 2: Offering re-skilling opportunities;
  • Priority 3: Improving energy-efficient housing;
  • Priority 4: Investing to fight energy poverty;
  • Priority 5: Facilitating access to clean, affordable and secure energy;
  • Priority 6: Supporting the transition to low-carbon technologies and economic diversification based on climate-resilient investments and jobs;
  • Priority 7: Creating attractive conditions for public and private investors;
  • Priority 8: Providing easier access to loans and financial support;
  • Priority 9: Investing in the creation of new firms, SMEs and start-ups;
  • Priority 10: Investing in research and innovation activities;
  • Priority 11: Supporting the transition to low-carbon and climate-resilient activities;
  • Priority 12: Creating new jobs in the green economy;
  • Priority 13: Investing in public and sustainable transport;
  • Priority 14: Providing technical assistance;
  • Priority 15: Investing in renewable energy sources;
  • Priority 16: Improving digital connectivity;
  • Priority 17: Providing affordable loans to local public authorities;
  • Priority 18: Improving energy infrastructure, district heating and transportation networks.

How it works ?

Calls for projects :

Aucune relation trouvée.

Other European funds

LIFE

Protecting our Planet, Supporting Nature

ESF+

Investing in Citizens for a Strong Social Europe

ERASMUS+

Enriching students, Connecting Europe

CERV

Promoting Diversity, Equality and Rights in the EU

Horizon Europe

Focused on Innovation and Research

Digital Europe

Accelerating Europe’s Digital Transformation

Calls for projects :

Aucune relation trouvée.

Frequently asked question

Can’t find the answer you’re looking for?
The Just Transition Mechanism is a key program established to ensure a fair shift towards a green economy, aiming to support regions most affected by the transition towards a climate-neutral economy. It combines insurance solutions, financial services, and educational programs to manage the socio-economic impact of transition, ensuring no one is left behind.
The FTJ collaborates with some of the nation’s most-trusted insurance companies and financial service providers to offer a range of insurance plans and financial solutions. These services are personalized to meet the specific needs of affected employees, employers, and communities, helping to maintain financial stability and secure livelihoods during the transition period.
The program is designed to benefit a wide range of stakeholders, including employees facing job transitions, employers in industries undergoing significant change, and communities in regions heavily dependent on high-carbon industries. It also supports professionals in the financial and insurance sectors by offering new opportunities for growth and development.