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EU Unveils Fund To Woo Poland On Climate

January 14, 2020

Via: Forbes

Poland may have balked at the last minute at supporting an EU plan to completely decarbonize by 2050 last month, but the European Commission is still honoring its end of a deal meant to get Warsaw and other reluctant Eastern European capitals on board.

Today the Commission unveiled a Just Transition Mechanism designed, among other things, to help those regions dependent on coal to find new areas of economic activity to replace mining. It will mobilize at least €1 trillion ($1.1 trillion).

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