Royal Decree 179/2021, establishing the statute of the Institute for Just Transition (Instituto para la Transición Justa, O.A.)

The Royal Decree 179/2021 establishes the Statute of the Institute for Just Transition (Instituto para la Transición Justa, O.A.), aligning with Spain's climate objectives and the European Green Deal. The Institute aims to ensure an equitable transition to a low-carbon economy by supporting workers, businesses, and communities affected by decarbonisation efforts. It focuses on addressing socio-economic challenges, promoting sustainable development, and mitigating the impacts of economic transformation in vulnerable regions. Key tools include Just Transition Agreements, which integrate territorial action plans to foster local employment, attract investment, and enhance social cohesion. The Statute outlines the governance structure of the Institute, including its advisory and executive bodies, and emphasises transparency, stakeholder participation, and the development of long-term sustainable strategies.