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€459 million for a just climate transition in Slovakia

By District Energy posted 11-30-2022 16:28

  

Europa-Kommissionen

Summary

The Commission has adopted the Territorial Just Transition Plan (TJTP) for Slovakia  setting the strategy for the investment of €459 million allocated to the country from the Just Transition Fund (JTF). These funds will support a fair transition towards climate neutrality in Slovakia's most vulnerable regions.

In the Kosice region, this heavily depends on industries responsible for very high greenhouse gas emissions (GHG) and thus has the largest decarbonisation potential in Slovakia. Technological changes in the steel industry are necessary to help the country meeting its climate targets. The JTF will help re- and upskilling around 2,400 workers in the steel industry. The fund will also create new job opportunities in the green sectors in renewable energies, energy storage, and upgrading district heating networks entailing energy savings.

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