The Just Transition Mechanism (JTM) aims at providing financial support to regions to assist them in the transition to a climate-neutral economy. Specifically, the JTM Public Sector Loan Facility (JTM PSLF) pillar aims to address serious social and economic challenges, deriving from the transition towards the EU’s 2030 climate and energy targets and the objective of climate neutrality in the EU by 2050, for the benefit of the EU territories identified in the Territorial Just Transition Plans established. It intends to increase public sector investments which address the development needs of the territories identified in the Territorial Just Transition Plans, by facilitating the financing of projects, and therefore can stimulate cities and regions in the development of CSS projects. Projects will receive support in the form of:

• a grant provided by CINEA (covered by this call);
• a loan provided by the European Investment Bank (EIB) (or one of its financial intermediaries), to be applied for separately to the EIB/financial intermediary and, if granted, managed as a linked action to the grant.

The JTM PSLF pillar consist of two calls:

• JTM-2022-2025-PSLF STANDALONE PROJECTS
• JTM-2022-2025-PSLF-FRAMEWORK LOANS"
   

In order to be eligible, the applicants (beneficiaries and affiliated entities) must be legal entities (public bodies or private bodies entrusted with a public service mission) established in an EU Member State. In order to apply to one of the calls, applicants need to adhere to the following criteria.

• Standalone Projects:

The projects must also qualify for a loan by the EIB (or one of its financial intermediaries). 

• Framework Loans:

The project must be linked to an EIB framework loan. Framework loans by other banks or EIB financial intermediaries cannot benefit from JTM funding under this topic.

More information can be found in the call document: https://ec.europa.eu/info/funding-tenders/opportunities/docs/2021-2027/jtm/wp-call/2022/call-fiche_jtm-2022-2025-pslf_en.pdf
 

For both calls of the JTF PLSF, projects should cover investments in sectors covered in their Territorial Just Transition Plans. Projects related to a wide range of sustainable investments may be funded, such as:

• investments in renewable energy and green and sustainable mobility, including the promotion of green hydrogen;
• efficient district heating networks;
• public research;
• digitalisation;
• environmental infrastructure for smart waste and water management;
• sustainable energy, energy efficiency and integration measures, including renovations and conversions of buildings;
• urban renewal and regeneration;
• the transition to a circular economy;
• land and ecosystem restoration and decontamination;
• biodiversity;
• up-skilling and re-skilling, training;
• social infrastructure, including care facilities and social housing.

Investments in other sectors may also be supported, if they are consistent with the approved Territorial Just Transition Plans.

The following sectors are clearly excluded from the scope of the JTM PSLF support:

• decommissioning or the construction of nuclear power stations;
• manufacturing, processing and marketing of tobacco and tobacco products;
• help to undertakings in difficulty, as defined in point (18) of Article 2 of Commission Regulation (EU) No 651/2014 (18), unless authorised under temporary State aid rules established to address exceptional circumstances or under de minimis aid to support investments reducing energy costs in the context of the energy transition process;
• investments related to the production, processing, transport, distribution, storage or combustion of fossil fuel.

The available call budget is EUR 1 459 500 000 for the four-year period of the call. The call budget will be implemented through multi-annual national envelopes per country which will be consumed over time by the projects funded. The grant received is calculated based on a fixed lump sum of 15 % (25 % in less developed regions) of the loan received by the EIB or one of its intermediaries, when applicable.
 

Beneficiaries and affiliated entities must register in the Participant Register (before submitting the proposal) and will have to be validated by the Central Validation Service (REA Validation). After validation proposals must be submitted electronically via the Funding & Tenders Portal before the call deadline (depending on the cut-off date). After submission the proposal will be reviewed by CINEA and also send to the EIB (and its intermediaries, if applicable). The results of the evaluation will be received within two to four months.
 

There are several cut-off dates for submission. The remaining cut-off deadlines are:

19 September 2024 17:00:00 Brussels time

16 January 2025 17:00:00 Brussels time

15 April 2025 17:00:00 Brussels time

11 September 2025 17:00:00 Brussels time