Menu
Finance
Finance
Structural issues relating to the partial and separate management of Net Zero Emission (NZE) sectors are the largest bottleneck for Indonesia to achieve net-zero emissions. However, opportunities arise to respond to these challenges from new emerging trends namely blended finance, a 'just transition' for all (starting with the energy sector) and multi-level engagement and coordination, especially at the sub-national level.
[Originally posted at https://climatestrategies.org/wp-content/uploads/2022/12/Political-Economy-of-Net-Zero-Indonesia.pdf]
Transition finance – designed to help polluting companies deliver long-term strategies to reduce their carbon footprint – is a relatively new addition to the suite of sustainable finance instruments. Sabrina Muller and Nick Robins explain how and why the ‘just transition’ to net-zero, an inclusive process that takes into account the impacts on all people and places, needs to be fully incorporated.
[Originally posted at https://eprints.lse.ac.uk/114666/]
A 2022 report which is designed to provide guidance to financial institutions on how they can incorporate consideration of the social dimension of climate action – in other words a 'just transition' – within their net zero transition plans.
[Originally posted at https://www.lse.ac.uk/granthaminstitute/wp-content/uploads/2022/10/Making-Transition-Plans-Just-2.pdf]
A 2021 paper which draws on the initial work by TIPS titled “Towards a contribution to a just transition finance roadmap in South Africa”, which began framing the conceptual demands of a sustainable transition on the South African financial system.
[Originally posted at https://www.tips.org.za/images/Insights_for_South_Africas_Just_transition_Finance_Roadmap_Nexus_of_project_needs_and_financing_response_Chantal_Naidoo_Rabia_Transitions_Initiative.pdf]
A 2020 policy brief which argues that action to green the UK’s building stock lags far behind what is needed to meet the UK’s net-zero emissions by 2050 target and that a 'just transition' in the housing sector has to be inclusive and place-based.
[Originally posted at https://www.lse.ac.uk/granthaminstitute/wp-content/uploads/2020/07/Financing-a-just-transition-to-net-zero-emissions-in-the-UK-housing-sector.pdf]
A 2022 edition of the Latin American Economic Outlook which explores options for the region to recast its production models, transform its energy matrix and create better jobs in the process. It argues that, for this transition to be just, stronger social protection systems and open dialogue must help build new, sustainable social contracts. In support of this ambitious agenda, the report presents an array of financing options, including green finance, and advocates for renewed international partnerships.
[Originally posted at https://repositorio.cepal.org/handle/11362/48415]
A 2020 paper which aims to analyze the main concepts and phenomena that could be considered generative factors for current financial market trends, as well as the inventory of facts and acts that provide a picture of the financial market.
[Originally posted at https://www.mdpi.com/1911-8074/13/10/235]
A 2018 report which aims to assess the Commission’s recently released sectoral proposals for the next 2021-2027 multi-annual financial framework. It explores the contribution of several instruments - Cohesion Policy Funds, European Social Fund Plus, InvestEU, Horizon Europe and European Globalisation Adjustment Fund - to the 'just transition' agenda. It also identifies options for the EU regulator to better align funds with this agenda.
[Originally posted at https://www.euki.de/wp-content/uploads/2019/02/E3G-Report-Funding-the-just-transition-to-a-net-zero-economy-in-Europe.pdf]
A 2021 report which attempts to address the following questions: What do we mean when we talk about delivering a 'just transition' to net zero or embedding energy justice within the energy system? Who is responsible for operationalising this and ensuring energy justice is embedded in the transition to net zero? Do different stakeholders have different capacities to act? How can those with real power be motivated to create change and held accountable for their actions?
[Originally posted at https://strathprints.strath.ac.uk/78376/]
A 2022 paper which explores the relationship between extractives and IFFs in order to consider what a review of extractive and tax justice literature anchored in development considerations reveal about possible climate financing possibilities toward a 'just transition'.
[Originally posted at https://ifaaza.org/wp-content/uploads/2022/05/S-Rakei-Extractives-and-Illicit-Financial-Flows.pdf]
A 2022 report which maps out the key stakeholder groups, focusing on domestic meat markets in high-consuming developed countries, and identifies guiding principles for a 'just transition' away from large-scale meat production and consumption.
[Originally posted at https://www.sei.org/wp-content/uploads/2022/11/just-transition-meat-sector.pdf]
A 2021 policy brief which looks at actions the energy sector and finance are starting take to ensure there is a 'just transition' for affected workers and communities, and how those actions can be scaled up.
[Originally posted at https://www.lse.ac.uk/granthaminstitute/publication/financing-the-just-transition-beyond-coal/]
A 2021 first iteration of a 'just transition' finance roadmap for South Africa, is an initial attempt to understand the nature of the challenge of just transition finance in South Africa, what a system level change to the financial eco system could look like and an action agenda for the next four years to begin moving towards such a vision.
[Originally posted at https://www.tips.org.za/research-archive/sustainable-growth/green-economy-2/item/4347-a-just-transition-finance-roadmap-for-south-africa-a-first-iteration]
Hot Reports
Covid-19 and a Just Transition in India's Coal Mining Sector
The COVID 19 pandemic hit India hard in early 2020, with negative GDP growth and a surge in unemployment. In the energy sector, coal fired power generation was already under pressure from overcapacity, low electricity demand growth, and increasingly competitive renewables.
Considerations for a Just and Equitable Energy Transition
As the energy transition accelerates, it is our responsibility, it is our opportunity, to ensure that in addition to contributing to a healthy planet by replacing fossil fuels with clean energy sources, this is accomplished in a just and equitable manner providing prosperity for all.
*We post information pursuant to the U.S. Fair Use Doctrine, and applicable international standards, in order to advance the knowledge base and education of our global audience. We endeavor to include the original link to documents. However, upon requests of original authors of posted documents, where explicit use permission is not granted, we will remove documents if it is determined continued use is not appropriate. We also reserve the full right to not include, or remove, any data inconsistent with our mission.