The document discusses strategies for implementing economic diversification in regions transitioning away from carbon-intensive industries. It provides examples of the Just Transition Platform Groundwork program providing tailored support like capacity building, stakeholder engagement, and project development assistance to regions in Poland, Sweden, Portugal, and Romania. The program helps regions develop a clear vision and understanding of local assets, attract investors and funds, and support the growth of local SMEs and green industries. For example, in the Łódzkie region of Poland, the program worked with over 50 stakeholders to design a new support scheme for SMEs focused on helping businesses develop and unlock their potential. Overall, the document emphasizes the importance of involving local stakeholders to effectively