European Commission approves Just Transition Mechanism of 2.5 billion euros

The European Commission approved the Just Transition Mechanism (JTM). With an allocation of 2.5 billion euros, JTM will finance measures to reduce the impact of closing down of transforming economic activities dominant in the local economy of six Romanian counties – Gorj, Hunedoara, Dolj, Galati, Prahova and Mures, and will facilitate their transition to climate neutrality.   “The Ministry of ...

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