White Paper: Leveraging the Spectrum of Finance for Just Transitions
This report from IHRB (Institute for Human Rights and Business) and the Just Transition Finance Lab provides a snapshot of the spectrum of financial instruments that already, or have the potential to, contribute to just transitions. It maps a range of 30 examples of financial instruments being deployed across the fields of public, private, and blended finance to support the achievement of net-zero.
The report provides a number of conclusions: in the relatively small ecosystem of just transition finance, there is a lack of alignment of actions taken by financial actors, in particular private finance, to address the climate crisis and protect the human rights and development prospects of vulnerable communities. But a major constraint holding back finance is the lack of agreed principles, taxonomies and metrics for the just transition. IHRB and many other organisations are actively collaborating on innovations, research, and sharing concrete examples of practice to help resolve this challenge.
The findings from this report will be presented during an online event on 14 January 2025.