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Image header Agence Europe
Europe Daily Bulletin No. 13088
Contents Publication in full By article 29 / 36
NEWS BRIEFS / Cohesion

Italy will receive €1 billion from Just Transition Fund

20/12/2022 (Agence Europe)On Tuesday 20 December, the European Commission approved the Italian ‘Territorial Just Transition Plan’. The regions of Taranto in Puglia and Sulcis-Iglesiente in Sardinia will benefit from €1 billion from the Just Transition Fund (JTF). As Taranto is home to Europe’s largest steel mill, the JTF will work to “green” steel production and train workers in renewable energy and the circular economy. It will also encourage the development of green energy, SMEs and sectors of excellence such as aerospace. In the Sulcis-Iglesiente, where the country’s last coal mine is located, Italy intends to stimulate economic diversification in the green economy, agriculture, tourism and the marine economy. The JTF will also be used to strengthen support for jobseekers and to reduce energy poverty. (HS)

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