What is the Just Transition Fund?

The European Union’s Just Transition Fund (EU JTF) is a brand-new fund created under the 2021-2027 programming round. It operates under Regulation (EU) 2021/1056 within the framework of the EU Cohesion policy.

The Fund’s single specific objective is to support the regions and communities in Europe that are most negatively affected by the transition to climate neutrality, ensuring that no one is left behind.

In essence, the EU JTF aims to address employment, economic, social and environmental impacts that come with the shift away from carbon-intense activities. In Ireland’s case, the territory supported by the Fund will focus on the regions where there have been direct impacts from the move away from peat production and electricity generation from peat.

Ireland is set to receive up to €84.5 million from the EU Just Transition Fund over the period to 2027. With the Government of Ireland’s match funding using Exchequer resources, up to €169 million will be available.

As required in legislation, Ireland is preparing a Territorial Just Transition Plan and accompanying Programme setting out the activities the Fund will support. Activities under the programme will begin rolling out following the submission and approval of the Plan and Programme by the European Commission, expected towards the end of 2022.

Proposed EU JTF Territory

Several evidence-based assessments have identified certain counties and municipal districts in the wider Midlands as being the most negatively affected in Ireland by the closure of peat-reliant power stations. This will therefore be the target area of the EU JTF.

The proposed territory may contain the counties and municipal districts indicated in the map below. This territory is yet to be confirmed by the European Commission.

EUJTF proposed territory
This map shows the proposed territory where the EU JTF could be focused. Area yet to be confirmed by the European Commission.

What does EU JTF fund

The draft Territorial Just Transition Plan and its associated Programme proposes 3 priority areas of investment for the Fund in Ireland:

  • Generating employment through diversification of the local economy
  • Supporting the regeneration and repurposing of peatlands and related land
  • Providing smart and sustainable mobility options to enable local communities to benefit directly from the green transition

These investment priority areas are designed to complement activities supported by other EU funding programmes. Read more about other EU funding programmes on our site.

 

Just Transition Mechanism resources

The EU Just Transition Fund is one of three pillars of the Just Transition Mechanism under the European Green Deal. Investments under the Just Transition Fund may be complemented by a combination of grants and loans to private sector entities from the EU’s InvestEU instrument (Pillar 2) or through a specific Public Sector Loan Facility managed by the European Investment Bank (Pillar 3).

Read more about the Just Transition Mechanism.

 

Contact EU JTF in Ireland

Have any questions for us? Email us at: eujtf@emra.ie

Follow us on Twitter: @EUJTF_ie

Sign up to keep updated with the latest information: Fill out this online form
(note: form is hosted on Eastern and Midland Regional Assembly page, the Managing Authority of the EU JTF)