About the Fund
The fund is 1 pillar of the Just Transition Mechanism.
The Commission provides support to Member States having identified the territories expected to be the most negatively impacted by the transition towards climate-neutrality.
The Just Transition Fund supports the economic diversification and reconversion of the territories concerned. 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
The Fund is governed by the Just Transition Fund regulation and Common Provisions Regulation.
Budget and performance
Includes performance highlights, key performance indicators, and the performance framework and assessment.
Fund features
- Fund duration
2021-2027
- Lead Directorate-General
- Predecessor
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- Management mode
Shared management
- MFF heading
Natural Resources and Environment
- Cluster
Environment and Climate Action
- Climate contribution
100% for the Just Transition Mechanism (ℹ) (target)
- Total budget 2021-2027
€ 19.32 billion, of which € 10.87 billion under NGEU (ℹ)(initial allocation in current prices - including voluntary transfers from other funds, a total of € 19.7 billion was made available to Member States)
- Relevant regulation
Regulation (EU) 2021/1056 of the European Parliament and of the Council of 24 June 2021 establishing the Just Transition Fund.
