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Financing Sustainable Just Energy Transitions: Challenges And Ways Forward

Celine Tan (Warwick Law School), Gamze Erdem Tiirkelli (Faculty of Law), Anil Yilmaz-Vastardis (Essex Law School)

Abstract

This Policy Brief considers the Just Energy Transition Partnership (JETP) for accelerating energy transitions in developing countries. We set out how the JETP model and proposed financial instruments can generate social and economic transition risks and have broader implications for governance and policymaking on climate action and sustainable development. We make recommendations for sustainable and inclusive financing, including reducing reliance on debt instruments and private finance; undertaking adequate technical assessments of financial, legal, regulatory and policy risks of energy transition; and comprehensive assessments of social and economic transition risks.

Authors

Celine Tan (Warwick Law School), Gamze Erdem Tiirkelli (Faculty of Law), Anil Yilmaz-Vastardis (Essex Law School)

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