.@cOAlitionS_OA confirms that financial support for Transformative Agreements and Journals will end after 2024. Instead, funders will direct their efforts to innovative and community-led #OpenAccess publishing initiatives.https://t.co/OI0QIhDvL7 #Plan_S pic.twitter.com/jBqbnxX8F5
— cOAlition S (@cOAlitionS_OA) January 26, 2023
From the Full Text Announcement
Transformative arrangements – including Transformative Agreements and Transformative Journals – were developed to encourage subscription journals to transition to full and immediate open access within a defined timeframe (31st December 2024, as specified in the Plan S Implementation Guidance). After careful consideration of the outcomes of transformative arrangements, the leadership of cOAlition S reaffirms that, as a principle, its members will no longer financially support these arrangements after 2024.
Exceptionally, individual cOAlition S funders may still choose to financially participate in Transformative Agreements beyond 2024 as part of their respective national strategies. Such exceptions will be communicated on the cOAlition S website.
Support for Transformative Journals will also cease at the end of 2024. In anticipation of this, no new applications to this programme will be considered after the 30th of June 2023.