Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

First tranche of Scotgov’s £500m Just Transition Fund to open next week

© Supplied by Offshore Energies UKukraine aberdeen
Scottish Just Transition minister Richard Lochhead

The Scottish Government’s just transition and employment minister has said the first portion of the £500 million Just Transition Fund aimed at the north east will be opened shortly.

Speaking at the Offshore Energies UK (OEUK) annual conference in Aberdeen on Tuesday, Minister for Just Transition, Employment and Fair Work Richard Lochhead said that the fund’s first £20m portion would be opened to expressions of interest on 31 May.

Targeted specifically at the north east and Moray, funding is being made available over ten years to help address the transition challenges faced by the workforce and businesses across the region.

The Fund was first announced in the SNP-Green coalition’s programme for government in September, with £20m committed in the budget for 2022-23.

Outlining its role, Mr Lochhead said: “We will be taking a more innovative approach and offering a variety of funding streams, from capital grants to investments designed to generate returns and a blended approach of the two.”

Notably, the fund is not exclusively aimed at the energy industry and will be used to support projects from across a range of sectors.

The first portion of the Fund has been developed in partnership with stakeholders across the north east and Moray through a series of ministerial and official-led engagements, according to the gov.scot site.

“From a government perspective, you’ve got to transition as a government and across the wider public sector to being a partner of the private sector, developing the commercial expertise to make these deals – ensuring that we are moving into a space of being a financier of the transition and not just simply a grant funder,” Mr Lochhead told delegates.

“We will be publishing guidance to support those bidding into funds, and our intention is to work with those who are successful in the initial round to build the best possible investments in capital programs,” he added.

He said it was vital that the fund “engage, involve and empower” communities across the region and that £1m would be ring-fenced to directly fund communities who participate, allowing them to design and vote on the interventions they want to see taken forward.

Meanwhile, a wider-reaching Just Transition Plan charting Scotland’s shift away from North Sea oil and gas has been delayed until the autumn, with Scottish government ministers saying more time was needed to gather evidence and take account of the UK government’s recently released British Energy Security Strategy.

Aberdeenshire East MSP Gillian Martin – who last week wrote to the government to ask about progress on support for oil and gas workers making the transition to green jobs – said she would be encouraging organisations, businesses, communities and individuals to apply.

Ms Martin said: “This is an issue I’m passionate about and my recent report into the challenges workers feels exist in helping them move from oil and gas to renewables is clear.

“The more investment that can be made will be crucial in the years ahead, ensuring we listen carefully to both the people and sectors most impacted by the changes occurring across the energy sector.”

Recommended for you

More from Energy Voice

Latest Posts