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Home Asia Pacific

Transforming financial institutions for a just energy transition in the Asia-Pacific: four takeaways from a regional workshop

NEWSROOM by NEWSROOM
May 30, 2024
in Asia Pacific, Energy
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The urgency of a just transition towards a low-carbon economy is critical for achieving the global objectives outlined in the Paris Agreement. A “just” transition must intentionally minimize adverse social, environmental and economic impacts while leaving no one behind.

Central to a just transition is the role of financial institutions, both private and development banks, given the role of finance in people’s lives and the fact that the provision of finance can be a powerful means to ensure justice and equity for both people and the planet.  Financial institutions fund…



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