Regulation (EU) 2021/1056 of the European Parliament and of the Council of 24 June 2021 establishing the Just Transition Fund
This legislation establishes the Just Transition Fund which aims to address the socio-economic and environmental costs of achieving a climate-neutral and circular economy. In the pursuit of limiting temperature increase to 1.5 °C above pre-industrial levels, the Union will concentrate its funding on green objectives. The transition to a climate-neutral and circular economy is a priority for the European Union, and this legislation is part of the Sustainable Europe Investment Plan that dedicates financing to the Just Transition Mechanism. The Just Transition Fund recognizes that not all regions and Member