Just Transition
The world has seen many transitions in the past, from automation to the decline or relocation of entire industries, leading to job losses and economic hardship. This has created a fear that future transitions will be similarly painful.
Low-carbon energy transitions are already happening in many countries, often due to economic factors or health concerns, but also supported and accelerated by climate change policies. Nevertheless, the actors involved, including governments, businesses, workers, and communities have a tendency to protect the status quo and keep carbon-intensive industries alive.
Early action on a just transition can minimize the negative impacts and maximize positive opportunities. The Paris Agreement on climate change includes just transition as an important principle. Just transition is not a fixed set of rules, but a vision and a process based on dialogue and an agenda shared by workers, industry, and governments that need to be negotiated and implemented in their geographical, political, cultural, and social contexts. It is implemented with a set of guiding principles, such as the International Labour Organization's guidelines for a just transition.
Articles
Six Fossil Fuel-Dependent Economies Could Face a USD 278 Billion Revenue Gap by 2030
As the global clean energy transition gathers pace, six emerging economies need to start adjusting their fiscal policies now to account for declining fossil fuel use—or risk a USD 278 billion gap in revenues by 2030, according to a new report by the International Institute for Sustainable Development.
Indonesia’s Energy Support Measures Hit IDR 279 Trillion in FY 2020 Disproportionately Benefitting Fossil Fuels
Energy support measures in Indonesia hit IDR 279 trillion in FY 2020, of which a staggering 88% was allocated to fossil fuels, according to a new report from IISD.
Putting Poverty Alleviation and Inequality Reduction at the Heart of the Energy Transition
As governments implement the ambitious policies needed to transform the energy system, they must also account for the resulting impacts on inequality and poverty.
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