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An important part of the EU Green Deal is the Just transition mechanism. It implies that
the climate transition will be accompanied by transfers to regions currently heavily dependent on fossil fuels and to lower-income households to increase the access to green technologies.
a large part of the EU budget shall be redirected to climate policies.
a large part of EU budget will be used on development aid because many of the lower-income countries did not contributed to emissions that lead to climate change but are affected by the negative impacts of climate change already.
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