Could this bold new plan be the solution to finance a global just transition?
thecentre.substack.com
One month on, it seems that COP27 is largely recognised as the summit which saw minimal action on reducing emissions but the first, long awaited, steps towards addressing the loss and damage imposed on many places by the Global North’s thirst for fossil fuels. While this represents tentative progress, the COP process seems to remain disconnected from the reality of accelerating climate impacts which hit every region of the globe this year. Science tells us that these impacts will continue to intensify without urgent action to reduce emissions from the burning of fossil fuels. We cannot wait for intergovernmental processes that are happening on timescales we do not have. So, what will it take to achieve a just and sustainable transition at a global level, and who will pay?
Could this bold new plan be the solution to finance a global just transition?
Could this bold new plan be the solution to…
Could this bold new plan be the solution to finance a global just transition?
One month on, it seems that COP27 is largely recognised as the summit which saw minimal action on reducing emissions but the first, long awaited, steps towards addressing the loss and damage imposed on many places by the Global North’s thirst for fossil fuels. While this represents tentative progress, the COP process seems to remain disconnected from the reality of accelerating climate impacts which hit every region of the globe this year. Science tells us that these impacts will continue to intensify without urgent action to reduce emissions from the burning of fossil fuels. We cannot wait for intergovernmental processes that are happening on timescales we do not have. So, what will it take to achieve a just and sustainable transition at a global level, and who will pay?