Just transition in EU regions

The EU plans to cut greenhouse gas emissions by at least 50 % by 2030, and to achieve climate neutrality by 2050. This will require a socio-economic transformation in regions relying on fossil fuels and carbon-intensive industries. As part of the European Green Deal, the new Commission has announced a 'Just Transition Mechanism' of €100 billion to support the territories most affected by the transition towards climate neutrality.