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
A plan for how Indonesia will spend $20 billion to transition to cleaner energy has been submitted
A plan for how Indonesia will spend $20 billion to transition to cleaner energy was submitted Wednesday to the government and its financing partners, the planners said. Indonesia's Just Energy Transition Partnership deal was announced last year and aims to use the funds over the next three to five years to accelerate retirement of the nation's coal plants and development of renewable energy.
Just Energy Transition Partnerships and How They Work
To limit the damage caused by climate change, the world needs to rapidly reduce carbon dioxide emissions everywhere, not just in rich countries. To get there, poor and middle-income places will require trillions of dollars for replacing coal plants with cleaner energy, improving electrical grids and retraining workers, among other measures. Just Energy Transition Partnerships, or JETPs, are among the most high-profile financing mechanisms designed to funnel money from wealthy economies to some of the bigger developing-world emitters for the purpose of weaning off fossil fuels. South Africa signed the first agreement in 2021, and a handful of others are getting off the ground, including in Indonesia. But the process has been slow and politically fraught, raising the question of whether such flagship plans can be inclusive, effective and timely enough to fulfill their promise.
Minister attacks South Africa's climate finance deal
South Africa's JETP deal, signed at Cop26, is supposed to provide a just transition to clean energy, but critics question whether the scheme will really benefit the country and its people.
Content is loading...
