Brussels, 8 August 2022 (TDI): The European Commission has approved a €10 million Czech Scheme to support companies in the context of Russia’s invasion of Ukraine.

This scheme was approved under the State aid Temporary Crisis Framework which was adopted by the Commission on 23 March 2022 and amended on 20 July 2022.

Under this scheme, the eligible beneficiaries will be entitled to receive aid in the form of direct grants.

According to the Commission, the Czech scheme was necessary to remedy a serious disturbance in the economy of a member state.

The scheme was in line with Article 107(3)(b) of the Treaty on the Functioning of the European Union (TFEU).

It was set out under the conditions of the Temporary Crisis Framework. The Commission approved the aid measure under EU State aid rules on this basis.

Territorial Just Transition Plans

The European Commission has also adopted the Territorial Just Transition Plans (TJTPs) for Austria. This was done with the first funding worth €76 million under the Just Transition Fund (JTF).

A total of €136 million will be received by Austria under the JTF. This will help make sure that the transition to climate neutrality does not leave anyone behind in the Austrian local economy and society.

The Austrian regions located in Upper Austria, Carinthia, Lower Austria, and Styria will receive support from the JTF. These regions contain a large number of carbon-intensive industries which include cement, paper, metals and chemicals.

The JTF upholds the regions facing the biggest challenges in the transition towards a climate-neutral economy.

TJTPs look into the challenges in each territory, and the developmental needs and objectives to be met by 2030. TJTPs also identify the types of operations envisaged along with specific governance mechanisms.