European Green Deal - What is the Just Transition Mechanism?
Energy and Climate Law
FEBRUARY 6, 2020
To do so, this mechanism will mobilise at least €100 billion in investments over the period 2021-2027 (p.1). In a nutshell, the European Commission acknowledges that the transition towards a climate-neutral economy will have economic and social impacts, especially on regions that rely on fossil fuels extraction and treatment (e.g.
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