Press release - Just transition in EU regions: support to people, economy and environment

First vote on the new Just Transition Fund, first proposal from the Green Deal

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Provider: 
ECEC
URL: 
https://www.europarl.europa.eu/news/en/press-room/20200703IPR82625/https://www.europarl.europa.eu/news/en/press-room/20200703IPR82625/
Retrieved on: 
Tuesday, July 7, 2020
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Tags: 
Organizations, International organizations, World, Confederations, European Union
Summary
Key Points: 
  • First vote on the new Just Transition Fund, first proposal from the Green Deal
    The EU must transition towards a climate-neutral economy without letting disparities between regions grow any further, say regional development MEPs.
  • On Monday 6 July, the Regional Development Committee approved the establishment of the Just Transition Fund (JTF) with 27 votes in favour, 7 against and 8 abstentions.
  • This amount would be supplemented with an additional EUR 32 803 000 000 in current prices, as proposed under the EU Recovery Instrument.
  • With an increased budget, we will be able to effectively support the regions that need it the most, but, above all, strongly support our citizens.
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