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Regulation (EU) 2021/1056 establishing the Just Transition Fund

2021LegislativeAdaptation, Mitigation
Sectors: Economy-wide
This regulation establishes the Just Transition Fund (JTF) to provide support to the people, economies and environment of territories which face serious socio-economic challenges deriving from the transition process towards the Union’s 2030 targets for energy and climate as defined in Article 2.11 of Regulation 2018/1999 and a climate-neutral economy of the Union by 2050.

It lays down the specific objective of the JTF, its geographical coverage and resources, the scope of its support with regard to the Investment for jobs and growth goal referred to in point (a) of Article 5(2) of Regulation (EU) 2021/1060, as well as specific provisions for programming and indicators necessary for monitoring.
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

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Regulation (EU) 2021/1056 establishing the Just Transition Fund
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.