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European Green Deal - What is the Just Transition Mechanism?

Energy and Climate Law

To do so, this mechanism will mobilise at least €100 billion in investments over the period 2021-2027 (p.1). Interestingly enough, article 5 of the proposed regulation sets a list of activities the JTF shall not support and it includes the decommissioning or construction of nuclear power stations.

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RePlanet Nederland’s review of the draft Delegated Regulation on nuclear energy and gaseous fossil fuels in the sustainable finance taxonomy

Environmental Progress

It has therefore drafted a proposal(2)- a Delegated Regulation - which sets out screening criteria for investments in nuclear energy, effectively declaring nuclear energy part of the sustainable finance taxonomy. There are no good arguments to call nuclear a sustainable investment at one time and not sustainable a moment later.