On 14 January the European Commission presented its investment plan that will underpin its Green Deal (c.f. article No. 11541 on the EU Green Deal). Significant investment will be required for the EU to achieve its goal of being a climate-neutral economy by 2050. This plan will mobilise public investment and help to unlock private funds through EU financial instruments, which would lead to at least €1 trillion of investments in the decade ahead. Furthermore a new European fund will be set up within the Just Transition Mechanism and will be designed to support those regions particularly affected supporting the process of changing business activities and supporting workers redeployment.
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