EU Just Transition Fund

In Ireland, where the National Climate Action Plan aims to achieve a climate-resilient, biodiversity-rich, environmentally sustainable and climate-neutral economy by 2050, the EU JTF is focused on the wider Midlands region which has been impacted by the move away from peat production and electricity generation from peat.

Co-funded by the Government of Ireland and the EU, up to €169 million will be available over the duration of the fund. The investment will be targeted to support the diversification of local economies and the creation of new opportunities that complement the assets of the Territory.

The fund will also restore degraded peatlands and regenerate industrial heritage assets, as well as invest in smart and sustainable local mobility so that local communities are able to benefit from the economic opportunities and amenities.

The Single Specific Objective of EU JTF, as set out in Regulation (EU) (2021/1056): To mitigate the adverse effects of climate transition by supporting the most affected territories and workers concerned and to promote a balanced socio-economic transition.

As required in legislation, Ireland has prepared a Territorial Just Transition Plan and accompanying Programme setting out the activities the Fund supports. With the European Commission’s recent adoption of Ireland’s Territorial Just Transition Plan and Programme, activities under the programme will begin rolling out in early 2023.

The fund operates under Regulation (EU) (2021/1056) within the framework of the EU Cohesion policy.