european green deal investment plan and just transition mechanism


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PDF Sustainable Europe Investment Plan and a Just Transition Mechanism

The Sustainable Europe Investment Plan (SEIP) is the financial arm of the European Green Deal created for financing European economies' transition to 

  • What is the European just transition mechanism?

    The mechanism aims at alleviating, for the most affected territories, the economic, environmental and social costs of the transition towards climate neutrality by 2050, thereby effectively ensuring that this key EU objective is achieved in an effective and fair manner.

  • What is the EU energy transition strategy?

    EU strategy
    The energy transition will consist of a socially fair and cost-efficient process moving from fossil fuels to a clean energy system based on increased use of renewable energy sources, their systemic integration and the reduction of greenhouse gas emissions.

  • What is the EU green transition?

    The EU's ambitious Green Deal aims at achieving net zero emissions by 2050.
    The EU is starting from a relatively good position.
    It has successfully reduced greenhouse gas emissions over the past decade.
    But further efforts are needed to reach the net zero target.

  • The Just Transition Fund (JTF) is a new instrument of the Cohesion Policy 2021-2027, as the first pillar of the Just Transition Mechanism in the context of the European Green Deal aiming at achieving the EU climate-neutrality by 2050.

The European Green Deal Investment Plan encompasses a Just Transition Mechanism to facilitate the green transition of territories in the EU that are currently hosting CO2-intensive industries and are thus most affected by the transition.
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