International
14:04 16 January 2020
Post by: WBJ

EU green deal: Poland to get over €20bn, benefit most, claims source

EU green deal: Poland to get over €20bn, benefit most, claims source
Source: PAP/Andrzej Grygiel

The European Commission expects that Poland will receive 26.7 percent of the Just Transition Mechanism funds that are part of the European Green Deal, a long-term climate neutrality objective, state-run Polish press agency’s diplomatic sources said unofficially.

The entire sum for Poland is set to be around €27bn, more than any other EU member state, the PAP source claimed.

On Tuesday, the EC adopted a draft on the JTM and a mechanism for supporting regions that could be most affected economically by EU climate policy.

The EC did not say how funds will be distributed among the member states, but according to documents accessed by PAP, of €7.5bn in 'fresh money' for the JTM, €2bn will be offered to Poland.

Of the JTM’s more than 100bn, Poland is to get €27bn, more than any other EU member state, according to the source.

Regions with high CO2 emissions are going to benefit most from the fund. As many as 27 percent of all industrial workers in CO2-intensive regions of Europe are employed in Poland.

To obtain the money, the EU member states will have to prepare transition plans.

(PAP)

poland
eu
ec
green deal
jtm

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