Just Transition Fund

EU’s $21B Fund Designed to Mitigate Decarbonization Impacts

EU’s $21B Fund Designed to Mitigate Decarbonization Impacts

Member states of the European Union (EU) on Monday approved a $21.3 billion fund to help workers and companies transition away from carbon-intensive industries.  The Just Transition Fund (JTF) would finance projects that would alleviate the socio-economic costs involved in achieving the EU’s goal of a 55% reduction in greenhouse gas emissions by 2030 and…

June 8, 2021