Just Transition – factsheet
The Just Transition Mechanism is a new funding instrument of the EU that has been announced by the Commission President Ursula von der Leyen as part of the European Green Deal. To ensure no one is left behind, the Just Transition Mechanism will mobilise at least €100 billion of investments over 2021-2027 with financing coming from the EU budget, co-financing from Member States as well as contributions from InvestEU and the European Investment Bank (EIB). Extrapolated over ten years, the Just Transition Mechanism will mobilise around €143 billion.
