Blog: The European Green Deal: boldly going where no environmental policy has gone before

This week saw the first concrete legislative proposal from the Green new deal, the €7.5 billion 'just transition fund', met with something less than enthusiasm in some quarters.

Some environmentalists questioned the relatively small amount of additional EU funds allocated to the scheme (the €100 billion just transition mechanism, of which the JTF is just one pillar, relies on mobilising investment through the InvestEU programme and a public sector loan facility with the European Investment Bank). Poland is set to receive the lion's share of the fund, €2 billion – the upper limit which the Commission says will prevent “any single member state receiving an excessive share” of the pot.

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