(...) The EU is taking steps to achieve its goal of a climate-neutral economy by 2050 in an effective and fair manner.
Today, EU ambassadors endorsed the Council’s partial position for negotiations with the European Parliament on establishing a Just Transition Fund.
The aim of the fund is to reduce the socio-economic costs for those communities that are less equipped to meet the challenges of the green transition. It will focus, in particular, on regions and territories which need to phase out production and use of coal, lignite, peat and oil shale, or transform carbon-intensive industries. (...)
Once the European Parliament has agreed on its position, negotiations will begin between the two institutions with the aim of reaching an agreement. (...)
Today, EU ambassadors endorsed the Council’s partial position for negotiations with the European Parliament on establishing a Just Transition Fund.
The aim of the fund is to reduce the socio-economic costs for those communities that are less equipped to meet the challenges of the green transition. It will focus, in particular, on regions and territories which need to phase out production and use of coal, lignite, peat and oil shale, or transform carbon-intensive industries. (...)
Once the European Parliament has agreed on its position, negotiations will begin between the two institutions with the aim of reaching an agreement. (...)
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