# Union creates the Just Transition Fund

Date: 2021

Regulation (EU) 2021/1056 created a Just Transition Fund for carbon-intensive regions. It sat in the Green Deal/recovery family. Adoption is co-legislative.

## People

- Frans Timmermans: https://factrail.ai/people/frans-timmermans

## Drivers

- Cost-of-Living Pressure: https://factrail.ai/drivers/econ-cost-of-living-pressure

## Sources

- https://ec.europa.eu/regional_policy/funding/just-transition-fund_en
- https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32021R1056

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/eu-just-transition-fund-2021