Just Transition Mechanism

E877504

The Just Transition Mechanism is an EU financial and policy framework designed to support regions and workers most affected by the shift to a climate-neutral economy, ensuring the transition is fair and socially inclusive.

All labels observed (2)

Label Occurrences
Just Transition Fund 5
Just Transition Mechanism canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf European Union financial instrument ⓘ
European Union policy framework ⓘ
just transition policy tool ⓘ
addresses employment impacts of coal phase-out ⓘ
employment impacts of lignite phase-out ⓘ
employment impacts of oil shale phase-out ⓘ
employment impacts of peat phase-out ⓘ
structural change in carbon-intensive industries ⓘ
aimsTo ensure a fair transition ⓘ
ensure a socially inclusive transition ⓘ
support regions most affected by the transition to a climate-neutral economy ⓘ
support workers most affected by decarbonisation ⓘ
appliesTo European Union member states ⓘ
beneficiaries local communities in transition regions ⓘ
small and medium-sized enterprises in affected regions ⓘ
workers in declining carbon-intensive sectors ⓘ
coordinatesWith EU cohesion funds ⓘ
Recovery and Resilience Facility ⓘ
national just transition plans ⓘ
focusesOn carbon-intensive industrial regions ⓘ
regions with high employment in fossil fuel sectors ⓘ
geographicalScope EU regions most affected by the climate transition ⓘ
hasComponent InvestEU Just Transition scheme ⓘ
linked to: InvestEU

Just Transition Fund ⓘ
public sector loan facility ⓘ
implementedBy European Commission ⓘ
legalBasis EU cohesion policy framework ⓘ
linkedTo EU taxonomy for sustainable activities ⓘ
objective leave no one behind in the green transition ⓘ
mitigate negative socio-economic impacts of decarbonisation ⓘ
promote territorial cohesion ⓘ
partOf European Green Deal ⓘ
policyArea climate policy ⓘ
regional development ⓘ
social policy ⓘ
promotes social dialogue ⓘ
stakeholder participation in transition planning ⓘ
relatedTo EU climate neutrality target for 2050 ⓘ
Paris Agreement implementation in the EU ⓘ
requires territorial just transition plans from member states ⓘ
supports economic diversification ⓘ
investments in clean energy ⓘ
investments in energy efficiency ⓘ
job creation in green sectors ⓘ
re-skilling of workers ⓘ
social infrastructure ⓘ
timeFrame 2021-2027 EU multiannual financial framework ⓘ
underpins EU strategy for a just transition ⓘ

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

European Green Deal → includes → Just Transition Mechanism ⓘ
DG REGIO → overseesFund → Just Transition Fund ⓘ
linked to: Just Transition Mechanism
Cohesion Fund → cooperatesWith → Just Transition Fund ⓘ
linked to: Just Transition Mechanism
EU budget → funds → Just Transition Fund ⓘ
linked to: Just Transition Mechanism
EU cohesion policy → implementedThrough → Just Transition Fund ⓘ
linked to: Just Transition Mechanism
Just Transition Mechanism → hasComponent → Just Transition Fund ⓘ
linked to: Just Transition Mechanism