JTF Danmark — Retfærdig Omstilling

Støtter

About the Fund The fund is 1 pillar of the Just Transition Mechanism. The Commission provides support to Member States having identified the territories expected to be the most negatively impacted by the transition towards climate-neutrality. The Just Transition Fund supports the economic diversification and reconversion of the territories concerned. This means up- and reskilling of workers investments in Small and Medium-sized Enterprises creation of new firms research and innovation environmental rehabilitation clean energy job-search assistance transformation of existing carbon-intensive installations The Fund is governed by the Just Transition Fund regulation and Common Provisions Regulation. Fund duration 2021-2027 Total budget 2021-2027 € 19.32 billion, of which € 10.87 billion under NGEU (ℹ)(initial allocation in current prices - including voluntary transfers from other funds, a total of € 19.7 billion was made available to Member States) Relevant regulation Regulation (EU) 2021/1056 of the European Parliament and of the Council of 24 June 2021 establishing the Just Transition Fund. A common provisions regulation is established to govern 8 EU funds whose delivery is shared with Member States and regions. Together, they represent a third of the EU budget. The largest share of this budget is allocated to 5 common policy objectives: a more competitive and smarter Europe by promoting innovative and smart economic transformation and regional ICT connectivity; a greener, low-carbon transitioning towards a net zero carbon economy and resilient Europe by promoting clean and fair energy transition, green and blue investment, the circular economy, climate change mitigation and adaptation, risk prevention and management, and sustainable urban mobility; a more social and inclusive Europe implementing the European Pillar of Social Rights; a Europe closer to citizens by fostering the sustainable and integrated development of all types of territories and local initiatives. Each fund has specific objectives defined in their respective Fund-specific regulations. The 8 funds covered by this common regulation are: European Regional Development Fund (ERDF) European Social Fund Plus (ESF+) Cohesion Fund Just Transition Fund (JTF) European Maritime, Fisheries and Aquaculture Fund (EMFAF) Asylum and Migration Fund (AMIF) Internal Security Fund (ISF) Border Management and Visa Instrument (BMVI) Regulation (EU) 2021/1060 of the European Parliament and of the Council of 24 June 2021 laying down common provisions The Just Transition Fund The Just Transition Fund (JTF) is the first pillar of the Just Transition Mechanism (JTM). It is a key tool to support the territories most affected by the transition towards climate neutrality providing them with tailored support. It is implemented under shared management, under the overall framework of Cohesion policy, which is the main EU policy to reduce regional disparities and to address structural changes in the EU. The fund is equipped with €17.5 billion (in 2018 prices; €19.7 billion in current prices including transfers from other funds are made available to Member States). This amount corresponds to fresh money made available to support EU countries in their green transition, out of which €7.5 billion is financed under the EU’s 2021-2027 budget, while the remaining €10 billion constitutes external assigned revenue stemming from the European Recovery Instrument. Member States may, on a voluntary basis, transfer to the JTF additional resources from their national allocations under the European Regional Development Fund (ERDF) and the European Social Fund Plus (ESF+), provided that the total amount transferred does not exceed three times the JTF allocation. Spending from the EU budget will be supplemented by national co-financing according to Cohesion policy rules. The fund alleviates the socio-economic costs triggered by climate transition, supporting the economic diversification and reconversion of the territories concerned. This means backing productive investments in small and medium-sized enterprises, the creation of new firms, research and innovation, environmental rehabilitation, clean energy, up- and reskilling of workers, job-search assistance and active inclusion of jobseekers programmes, as well as the transformation of existing carbon-intensive installations when these investments lead to substantial emission cuts and job protection. It comprises close to €30 billion in investments. Eligibility to funding In the Territorial Just Transition Plans, EU countries need to identify the territories and sectors eligible for funding under the Just Transition Fund. The identification of these territories is carried out through a dialogue with the Commission. It draws on the analysis provided in the context of the European Semester and in particular on the Commission’s proposal for priority regions and sectors in terms of eligibility, as laid out in the Annex D of the 2020 European Semester Country Reports. The approval of the plans by the Commission opens the door to dedicated financing not only from the Just Transition Fund but also from the dedicated just transition scheme under InvestEU and the EIB public sector loan facility. The plans are annexed to the Cohesion Policy programmes entailing support for the Just Transition Fund and adopted by the Commission together with these programmes. Technical assistance The Just Transition Platform plays a key role in providing tailored technical support to authorities drafting the Territorial Just Transition Plan throughout the process, in order to ensure that they reflect the specific needs of each region. The Commission launched in March 2020 a call for requests under the Structural Reform Support Programme to assist Member States with the preparation of their territorial just transition plans to unlock funding from the Just Transition Mechanism. Technical support was provided to 18 Member States. Over the past two years, the Commission, through its Structural Reform Support Programme, also provided hands-on support to regions to help prepare long-term economic strategies for their transition out of coal, such as in Slovakia's Horna Nitra region, Greece's Western Macedonia or Romania's Jiu Valley. Member States have the opportunity to request additional technical support under the Technical Support Instrument, including on regulatory and administrative reforms related to the just transition agenda. Technical assistance is also delivered to a number of territories in the EU through the Initiative for Coal Regions in Transition. Responsibilities The mission of the Directorate-General for Regional and Urban Policy (DG REGIO) is to support the economic and social development of all regions of the European Union. Regional Policy is the EU’s main investment policy, constituting almost a third of the total budget for the period 2021-2027. Regional Policy supports: job creation business competitiveness economic growth sustainable development improvements to citizens’ quality of life