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Just Transition Fund

The Just Transition Programme aims to support regions and communities that are most affected by the transition to a low-carbon economy. The programme provides financial and technical assistance to help these areas diversify their economies, create new jobs, and develop sustainable industries. The focus is on mitigating the social and economic impacts of the transition, ensuring that no one is left behind in the move towards a greener and more sustainable future.

Programme name

Just Transition Fund

Objective(s) and scope

The Just Transition Fund is one of the European Union’s key tools to support regions in the transition towards climate neutrality by 2050. The Fund supports the economic diversification and reconversion of Member States having identified the territories expected to be the most negatively impacted by the transition towards climate-neutrality. This means:

  • up- and reskilling of workers
  • investments in Small and Medium-sized Enterprises
  • creation of new firms
  • research and innovation
  • environmental rehabilitation
  • clean energy
  • job-search assistance
  • transformation of existing carbon-intensive installations

Its main objectives are to alleviate the impact of the transition by financing the diversification and modernisation of the local economy and by mitigating the negative repercussions on employment. In order to achieve its objectives, the Just Transition Fund supports investments in areas such as digital connectivity, clean energy technologies, the reduction of emissions, the regeneration of industrial sites, the reskilling of workers and technical assistance.

The Fund is governed by the Just Transition Fund regulation and Common Provisions Regulation.

Type of finance provider

Public

Administering body

European Climate, Infrastructure and Environment Executive Agency (CINEA)

Financing product

Grants, Loans

Financing value

Total budget (2021-2027) is EUR 19.32 billion, of which EUR 10.87 billion is financed under Next Generation EU (NGEU)

Eligible countries

EU Member States

Eligibility criteria (if available)

In order to be eligible, the applicants (beneficiaries and affiliated entities) must:

  • be legal entities (public bodies or private bodies entrusted with a public service mission) established in an EU Member State.

Beneficiaries and affiliated entities must register in the Participant Register — before submitting the proposal — and will have to be validated by the Central Validation Service (REA Validation). For the validation, they will be requested to upload documents showing legal status and origin.

Other entities may participate in other consortium roles, such as associated partners, subcontractors, third parties giving in-kind contributions, etc.

The projects must also qualify for a loan by the EIB (or one of its financial intermediaries).

Further information on eligibility criteria

Further information can be found in the specific Just Transition Fund Call for proposals.

Application period

2021-2027

Technology type

Not specified

Technology readiness level (TRL)

Not specified

Additional information

Regulation (EU) 2021/1056 of the European Parliament and of the Council of 24 June 2021 establishing the Just Transition Fund.

Contacts

regio-a2-communicationatec [dot] europa [dot] eu (regio-a2-communication[at]ec[dot]europa[dot]eu)

General publications25 July 2024
Just Transition Fund

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