#JustTransitionFund: leaving no region behind!
A new fund in the #CohesionPolicy family to deal with the social, economic, environmental, demographic and health impacts of the #climatetransition
➡️https://europa.eu/!kwDmGh
A thread🧵#EURegioDataStories
🐦🔗: https://n.respublicae.eu/EUinmyRegion/status/1635254238736707587
(2)The #JustTransitionFund covers coal and carbon-intensive #EURegions: 67 territorial #justtransition plans in 93 specific territories
🐦🔗: https://n.respublicae.eu/EUinmyRegion/status/1635254243350441984
(3)The fund has a budget of 25 billion to soften the impacts of the transition, with contribution from the EU budget of 19 billion.
70% of allocations needs to be spent by the end of 2026.
🐦🔗: https://n.respublicae.eu/EUinmyRegion/status/1635254246328401920
(4)Half of the JTF investments will help people find new skills: the majority of resources are dedicated to support access to #employment programmes, especially for the long-term unemployed and #youth
🐦🔗: https://n.respublicae.eu/EUinmyRegion/status/1635254251076337665
(5)JTF also finances the development of certain sectors that can absorb workers coming from phased-out activities : alternative energy hubs and #circulareconomy
🐦🔗: https://n.respublicae.eu/EUinmyRegion/status/1635254258777096193