Page contentsPage contents 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 meansup- and reskilling of workersinvestments in Small and Medium-sized Enterprisescreation of new firmsresearch and innovationenvironmental rehabilitationclean energyjob-search assistancetransformation of existing carbon-intensive installationsThe Fund is governed by the Just Transition Fund regulation and Common Provisions Regulation.Fund website Budget and performance Includes performance highlights, key performance indicators, and the performance framework and assessment.Fund performance webpage Fund features Fund duration2021-2027Lead Directorate-GeneralRegional and Urban PolicyPredecessor-Management modeShared managementMFF headingNatural Resources and EnvironmentClusterEnvironment and Climate ActionClimate contribution100% 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 regulationRegulation (EU) 2021/1056 of the European Parliament and of the Council of 24 June 2021 establishing the Just Transition Fund. Contact Emailregio-a2-communicationec [dot] europa [dot] eu (regio-a2-communication[at]ec[dot]europa[dot]eu) Related links Just Transition FundJust Transition Platform