Just Transition Fund

The Just Transition Fund (JTF) is a new Cohesion policy fund and a key element of the European Green Deal and the first pillar of the Just Transition Mechanism (JTM). It aims to alleviate the social and economic costs resulting from the transition towards a climate-neutral economy, through a wide range of activities directed mainly at diversifying the economic activity and helping people adapt in a changing labour market.

The Public Sector Loan Facility is the third pillar of the JTM, leveraging the EU budget to provide access to additional financing. The Facility specifically targets public entities, creating preferential lending conditions for projects that do not generate sufficient revenue to be financially viable.

-> EUR 19.2 billion (in current prices)

🔗 Fi-compass