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Public Sector Loan Facility for a Just Green Transition

Summary

This regulation creates a loan facility to help public sector entities invest in the transition to a climate-neutral economy. It combines EU grants with loans from financial partners to support regions most affected by the shift away from fossil fuels.
9 13.09.2021
Other
energy
economy
environment
social policy
public administration

Key points

  • The regulation establishes a loan facility to support public sector entities in their transition towards a climate-neutral economy.
  • A grant component of approximately 1.76 billion euros is allocated to support the facility's objectives.
  • Beneficiaries include public law bodies and private entities entrusted with public service missions.
  • The amount of grant support is capped, with higher percentages available for less developed regions.

Speeches

3 Speeches in total

Pro
Contra
David Maria SASSOLI
David Maria SASSOLI
S&D
3:41 min
10. Signing of acts adopted in accordance with the ordinary legislative procedure (Rule 79)
David Maria SASSOLI
David Maria SASSOLI
S&D
0:48 min
10. Signing of acts adopted in accordance with the ordinary legislative procedure (Rule 79)
Documents (PDFs)
REPORT on the proposal for a regulation of the European Parliament and of the Council on the public sector loan facility under the Just Transition Mechanism Public sector loan facility under the Just Transition Mechanism ***I
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