Tag Archives: just transition

Investors can have a big role in supporting a just transition in the UK

just transition smallThis post is by Nick Robins, professor in practice for sustainable finance at the Grantham Research Institute.

 

 

 

 
At the UN climate conference last December, 53 countries including the UK, signed the Silesia Declaration fleshing out the commitment to implement the Paris Agreement, by taking into account “the imperatives of a just transition of the workforce and the creation of decent work and quality jobs”. For the Polish host the case was clear: “considering the social aspect of the transition towards a low carbon economy is crucial for gaining social approval for the changes taking place.”

The need for a strong social dimension to climate policy has also been displayed on the streets of Paris, with the initial protests by the gilets jaunes prompted by an increase in carbon taxes. Read more

Five factors that will ensure workers and communities benefit from the low carbon transition

construction-worker-569126_1280.jpgThis post is by Catherine Cameron, Katerina Cerna and Lucy Stone of the consultancy Agulhas: Applied Knowledge. It highlights the results of research commissioned under a grant from CIFF.

Change can leave not just stranded assets and industries but stranded communities. Workers in the tar sands oil fields of Alberta, Canada were determined this fate would not befall them. Worried that the boom and bust of oil extraction would lead to layoffs, community disintegration and tough times,  they chose a different course. The worker-led Iron & Earth initiative is an indication of what could happen if fossil fuel workers get involved in changing their prospects.

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