On Monday 29 June, the Just Transition Platform (JTP) will be launched to help Member States to draw up their territorial Just Transition Plans and access funding from the over €150 billion Just Transition Mechanism. This online Platform will provide technical and advisory support for public and private stakeholders in coal and other carbon-intensive regions, with easy access to information on funding opportunities and sources of technical assistance.
The Platform will ensure that the €40 billion (in 2018 constant prices) proposed under the Just Transition Fund is channelled to the right projects and that no region is left behind. It will also support access to the dedicated scheme under InvestEU and the public sector loan facility, which together with the Just Transition Fund form the three pillars of the Just Transition Mechanism. The platform will provide:
- Technical and advisory support to Member States and regions, including on the operationalisation of the territorial Just Transition Plans and the building of pipelines of projects for the Just Transition Mechanism;
- A web-based single access point, including the possibility to contact the Commission with technical and administrative questions related to just transition;
- Sharing of information, experience and knowledge for fossil fuel and carbon-intensive regions, with dedicated project and expert databases;
- A forum for dialogue on just transition involving local and national stakeholders, social partners, public authorities and EU institutions.
Executive Vice-President for the European Green Deal Frans Timmermans, Commissioner for Cohesion and Reforms, Elisa Ferreira, and Commissioner for Energy, Kadri Simson, will launch the Just Transition Platform during an online event starting on Monday 29 June at 09:30.
This will kick-start a week of online events dedicated to coal, lignite, peat and oil shale regions as well as carbon-intensive regions, organised under the Coal Regions Virtual Week and a Carbon-Intensive Regions Seminar. These events will inform stakeholders of the latest EU policy developments and provide an opportunity for good practices sharing.
The Platform will host a projects and experts database towards the end of 2020.
Members of the College said:
Executive Vice-President for the European Green Deal, Frans Timmermans, said: “Our Green Deal ambition is to demonstrate a new model for inclusive transformation based on a just transition. As we rebuild our economies and societies, we owe it to our children and grandchildren to grasp the opportunity to build a more sustainable future. With the Just Transition Platform we can start making this a reality”
Commissioner for Cohesion and Reforms, Elisa Ferreira, said: “The Just Transition Platform is a firm step towards a climate-neutral Europe. I encourage authorities from all Member States to make full use of it when developing and implementing territorial just transition plans that promote economic renewal, new skills and new job opportunities. I am determined that no one is left behind and that all regions and all Europeans are able to tap the benefits of a greener, fairer more digital future.”
Commissioner for Energy, Kadri Simson, said: “The Just Transition Platform will provide tailor-made support to regions that will be most affected by the green transition. It will bring together expertise from all relevant Commission services to make sure that fossil fuel and carbon intensive regions have all the information, tools and assistance they need to transform their economies in a fair way.”
The Just Transition Mechanism (JTM) is part of the European Green Deal effort to create a climate-neutral economy in Europe by 2050. The Mechanism will seek to overcome the economic and social costs of the climate transition in the most vulnerable coal and carbon-intensive regions. The Mechanism consists of three pillars of financing: the Just Transition Fund, proposed on 14 January 2020 and strengthened by the 27 May Recovery Package; a dedicated just transition scheme under InvestEU; and a public sector loan facility. The three pillars are expected to mobilise more than €150 billion of investments in the EU regions most vulnerable to the climate transition over the period 2021-2027.
Announced with the European Green Deal Investment Plan, the Just Transition Platform builds on and expands the work of the Initiative for Coal Regions in Transition, and is part of the Just Transition Mechanism. It will have three work streams: coordinated technical assistance from the European Commission and the EIB group, a web-based single access point and helpdesk, and events promoting stakeholder involvement and the exchange of best practices.