The Just Transition Mechanism will consist of three main sources of financing: 1) A Just Transition Fund, whichwill receive €7.5 billion of fresh EU funds, coming on top of the Commission's proposal for the next long-term EU budget. Hours after the European Commission announced plans to increase the GHG emissions reduction target to 55%, MEPs voted to keep fossil fuels in the Just Transition Fund. The Just Transition Fund's Blueprint for Transition is a comprehensive online resource to help coal communities and local leaders create an equitable, sustainable, and inclusive future. The (Un)Just Transition Fund: the European Parliament shows how green it really is. The objective of the Just Transition Fund 2020 call is to fund innovative projects that contribute to the economic, social and environmental sustainability of the Wider Midlands region and which have employment and enterprise potential. In a Covid-19 -free Europe, a decision by the leaders of European Union member states this summer to allocate €7.5 billion to the Just Transition Fund (JTF… The Just Transition Fund is the first pillar of the Just Transition Mechanism. The fund will be equipped with €40 billion. The Just Transition Fund is to contribute to the single specific objective of enabling regions and ' people to address the social, economic, and environmental impacts of the transition towards a climate-neutral economy' and include all Member States. Support will be available at the level of September 22, 2020.