"Increasingly more emphasis is placed on damages and risks that people, companies and governments face in the way they affect their well-being as well as material conditions or financial fundamentals. There is, however, still quite a bit of heterogeneity in how countries and companies frame and implement their endeavours, sometimes with no harmonised or unified goals as well as a lack of consistent metrics for assessing their impacts on the environment and society. Common semantics on just transition concepts and a solid understanding of just transition activities by governments and businesses would help assess the scale of the problem.

This Policy Insights provides a glimpse at some of the positive practices to encourage others to make the shift and provide a benchmark against which future action could be measured."

Support: Digital