A Just Transition Fund as a practical tool

By: Daniel Alexand…
Created: 27 May 2020 - 04:05
Updated: 27 May 2020 - 04:05

The European Parliament has requested and published a study on the way the Just Transition Fund can become a useful tool in asssiting the transition from fossile fuels to sustainable energy. 

In the context of the EU, this translates into three key objectives for a just-transition instrument: 1. Strong mechanisms to ensure social dialogue and the involvement of communities throughout the whole transition process;  2. Consistency with other EU programmes and policies A Just Transition Fund - How the EU budget can best assist in the necessary transition from fossil fuels to sustainable energy ; 3. The whole process should be structured based on clear goals for the progressive phaseout of coal as well as decarbonisation pathways consistent with the objective of climate neutrality by 2050.

You may find the study at https://www.europarl.europa.eu/RegData/etudes/STUD/2020/651444/IPOL_STU(2020)651444_EN.pdf