Sustainable Transition
Overview
The European transition to carbon neutrality by 2050 is particularly challenging for Central and Eastern European countries, which still have carbon intensive means of energy production, antiquated heavy industry and agriculture. The inevitable phase out of coal mining and combustion will bring about fundamental changes in the market and will impact regions dependent on mines and power plants. These changes need to be an inclusive process, delivering social justice for workers, communities and consumers and will require significant investments. Through the investment pillar of the European Green Deal, the Sustainable European Investment Plan, the European Union has developed investment mechanisms in the Just Transition Fund and the Innovation and Modernization Fund that will channel billions of Euros into the CEE region over the next EU budget period. Translating these numbers into visible impact and tangible change will require a multi-stakeholder approach. The ISFC will use our extensive network of experts and internal resources to bring together a wide spectrum of stakeholders to assess where and how Just Transition funding can best assist impacted communities.
Publication | Just Transition Mechanism: Implementation Report for the Czech Republic
This report is the result of a mapping exercise focused on the current design and state of implementation of the JTM in the Czech Republic, highlighting the gaps, unresolved issues and inconsistencies in the preparation and implementation of the JTM, but also providing recommendations, ideas and concepts for a more effective, efficient and impactful just transition.
CEE Sustainable Finance Summit | Just Transition Panel
Our CEE Sustainable Finance Summit featured a high-level expert panel on Just Transition, focusing on key elements for transforming industry in CEE. Moderated by David Murphy, the panel offered an insightful discussion kicked off by a powerful keynote by Mr Jerzy Buzek.
Event | Filling the Just Transition finance gap: The role of Private capital
This webinar was aimed at improving the understanding of financing mechanisms for just transitions, the policy options that support mobilisation of private capital, and the latest research and thinking on the topic, sharing work on improving just transition frameworks.