Nuclear Europe News

FORATOM on Just Transition Fund

Mar 24, 2020 | Decarbonisation, Just Transition Mechanism, Nuclear Europe News

FORATOM participated in the European Commission’s “fast-track interservice consultation on the Sustainable Europe Investment Plan including a Just Transition Mechanism and the Just Transition Fund”. In its reply, FORATOM underlines that it welcomes the EU’s goal of providing financial support to coal-dependent regions in order to assist them in their decarbonisation efforts. Indeed, the transition to a low-carbon economy should not come at the detriment to society. Therefore, we fully support EU funds being earmarked to help people transition from jobs in carbon-intensive sectors into low-carbon industries. That being said, FORATOM regrets the European Commission’s proposal to exclude such funds being used for nuclear power plants.

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