Home » HR practices » Professional development » Legal developments » European legislation » EU: an investment plan and a mechanism for the Just Transition to underpin the European Green Deal EU: an investment plan and a mechanism for the Just Transition to underpin the European Green Deal 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. Through . Published on 15 January 2020 à 14h12 - Update on 15 January 2020 à 16h20 Resources The EU’s Green Deal for Europe investment plan will rely on the leverage effects of public investment in releasing private sector funds. In terms of European funds, the European budget allocation (i.e. common policies) will dominate the bulk, 25% of which will target the goals of ecological transition. The amount of the multi-annual financial framework still remains to be negotiated. As successor to the Juncker Plan, the InvestEU financial instrument will look to attract investment funds amounting to €650 billion (public plus private) over seven years.… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.EmailThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels