Responsible Resolutions: This is the latest article in a series from sustainable finance practitioners about their hopes for the New Year.
It’s clear that 2020 has to be the year when the global financial system makes the irreversible shift towards alignment with climate security and sustainable development. One of the keys to success will be a significant increase in finance for the just transition – a transition which delivers a resilient and zero-carbon economy that is fair for all.
Political support is growing fast, with 46 countries committing to introduce national plans for a just transition as part of efforts to ratchet up their climate efforts. Investor commitment is mounting too, with 159 institutions with $10.1 trillion in assets now backing a statement of support led by the PRI.
More and more, the just transition is seen as not only the right thing to do, but also as essential to build the public support for transformational ch…