On Wednesday, the European Commission confirmed that the Walloon cities of Tournai, Mons, and Charleroi will receive €182.6 million from the European Union's Just Transition Fund (JTF) by 2027.
This stated amount will allow the regions to move away from heavily polluting fossil fuels and toward renewable energy alternatives, as the JTF stated aim set out.
The fund, established in 2019 as part of the European Green Pact, is the EU's means of providing financial help to the regions most affected by the climate transition, with the EU earmarking all three cities in the province of Hainaut for 2020.
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As a result, the fund will allow Wallonia to move away from fossil fuels and decarbonise its heavily polluting industries.
In addition, €40 million will be allocated to alternative renewable energies, €68 million to energy efficiency, and €14 million to research and innovation.
This announcement comes on the heels of last week's agreement between the Commission and Belgium on EU Cohesion Policy funding, which will opened the door to about €3 billion in investment for the country until 2027.
