An analytical framework for a whole-of-government approach to a just transition
The recent backlash against the net-zero transition, and the policies aimed at achieving it, have brought in stark clarity the importance of accounting for the social effects of the transition, both in terms of socio-economic conditions, and of the protection of fundamental rights.
With this paper, the PRI explores in more detail how social issues could inform a whole-of-government policy approach to the economic transition. It presents an analytical framework aimed at supporting policy makers in identifying potential negative impacts, promoting effectiveness across all segments of transition policy reform, and securing broad-based support for the economic transition.
The research adopts a broad approach to the analysis of the stakeholders of the transition, to include all parts of society which ultimately may be affected or have a role to play.
This paper builds on research and interviews with experts from civil society, academia, international organisations, and PRI signatories. It is a starting point rather than a definitive solution, which can also inform investor engagement with policymakers on social issues related to the transition.
The policy approaches we present as part of this research aim to lay a foundation for placing people at the centre of the climate transition, managing the competing interests inherent to this transition, and setting a course for future work in this area.
We welcome feedback on this discussion paper from PRI Signatories and policy stakeholders. Please address your comments to [email protected].
Download the discussion paper in full below.