Just Transition Programme Spain 2021-2027
Programme description
The Just Transition Fund (JTF) addresses the regions most affected by the ongoing phase-out of coal in Spain. It supports growth, economic diversification and job creation. The programme will benefit the region of Asturias, the province of A Coruña in Galicia, the provinces of Teruel in Aragón, León, and Palencia in Castilla y León, Almería, Cádiz, and Córdoba in Andalusia; and a group of municipalities around Alcúdia on the island of Mallorca.
The funding will help the country's fair transition to a climate neutral economy The programme will invest primarily in energy efficiency, circular economy and renewable energy sources (e.g. solar, offshore wind, renewable hydrogen). Such investments, in line with climate objectives will help transform these economies and meet the energy needs of the future.
The programme will also finance innovation and research projects in areas related to the green transition, helping develop solutions and technologies that stimulate new economic activities. In addition, looking to support long-term economic transformations and generateing opportunities, the JTF will support SMEs and projects in sectors that have been identified as strategic.
Several regions will develop projects fostering sustainable and cultural tourism as well as the conservation of the ethnographic heritage. Rural municipalities affected by closures of mining sites or power plants affecting rural areas, will benefit from JTF investments to continue thriving. their endogenous strengths.
Finally, the JTF will pay special attention to training and reskilling unemployed people, and workers in carbon-intensive industries. With the JTF, training will be made available for workers who seek qualifications in sustainable development and aspire to well-paid jobs.
Financial information
Breakdown of finances by priority axis
| Priority Axis | EU Investment | National Public Contribution | Total Public Contribution |
|---|---|---|---|
| JTF | 868.744.863,00 | 343.558.929,00 | 1.212.303.792,00 |
| Total | 868.744.863,00 | 343.558.929,00 | 1.212.303.792,00 |
Priorities and Specific Objectives
JTF specific objective
Just Transition Fund