Just transition

A just transition is about ensuring that workers, communities, suppliers and consumers are not left behind in the move to a low-carbon economy. Providing support to those working in carbon-intensive industries such as coal mining and actively involving them in the process of transitioning to lower-carbon industries is central to this agenda. The just transition is a crucial enabler to implementing the net zero transition and is recognised at the international level through its inclusion in the Paris Agreement on climate change. 

Our extensive programme of work in this area includes a major focus on the role of finance in supporting a just transition, as reflected in the work of the Just Transition Finance Lab.