The document ensures public funds to finance severance and bridge instruments for laid-off miners as well as energy transformation aid for the southern Silesia region.
In 2020, the share of coal in Poland’s energy mix fell to 65 per cent, down from an average of over 80 per cent across the last decade.
The deal still needs the European Commission’s approval, however, as it involves state aid. The Commission is currently examining the climate impact of state aid in order to align competition rules with the European Green Deal and its goal of reaching climate neutrality by 2050.
The EU’s Just Transition Fund is a 17.5 billion euros chunk of the EU budget and Covid-19 recovery fund that has been allocated to help regions reduce fossil fuel industries and replace them with green enterprises, as the EU overhauls its economy to become climate neutral.