The Just Transition Mechanism (JTM) is a key tool to ensure that the transition towards a climate-neutral economy happens in a fair way, leaving no one behind.
This topic targets projects addressing serious social, economic and environmental challenges deriving from the transition towards the EU’s 2030 climate and energy targets and the objective of climate neutrality in the EU by 2050 at the latest, for the benefit of the EU territories identified in the Territorial Just Transition Plans.
This Call has the following topics:
PSLF-LOAN SCHEMES
Projects related to a wide range of sustainable investments may be funded, such as:
Infrastructure development may also include cross-border projects and solutions leading to enhanced resilience to withstand ecological disasters, in particular those accentuated by climate change. A comprehensive investment approach should be favoured, in particular for territories with important transition needs.
The grant will be a lump sum grant. This means that it will reimburse a fixed amount, based on a lump sum or financing not linked to costs. The amount will be fixed by the granting authority as a fixed percentage of the loan component granted by the EIB/financial intermediary (15 % or 25 % if the project is located in a less developed region within the meaning of Article 108(2) of the CPR Regulation 2021/106020 and Decision 2021/113021).
Your project application must clearly describe the framework loan (types of projects targeted, location, budget estimates for projects/types of projects, significance of the grant components, contribution to the relevant Territorial Just Transition Plan, maximum amount of funding (loan and grant components; grant fixed 15 or 25% of the loan), definition of the recipients that may receive the support and criteria for awarding it); specify how the grants will be awarded/distributed (including how the principles of transparency and equal treatment will be applied) and managed (including your role).
In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
The following activities are not considered as eligible for funding under this call – activities that do not comply with the:
For help related to this call, please contact: CINEA-JTM-PSLF@ec.europa.eu