CONTENTS
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Financing a Just Transition Transforming Funding, Tackling Climate Change
INTRODUCTION: ACHIEVING ADEQUATE, AMBITIOUS CLIMATE FINANCE
1.1 Countering the greatest crisis of our time John Kirton, director, Global Governance Program p8 1.2 Bridging the gap between ambition and action Ella Kokotsis, director of climate finance strategy, Global Governance Program p10 1.3 A moment of profound fracture Simon Stiell, executive secretary, UN Climate Change p12 1.4 A crucial transformation Narendra Modi, prime minister, India p14 1.5 Taking a global role in the climate crisis Luiz Inácio Lula da Silva, president, Brazil p18 1.6 Building a sustainable future Cyril Ramaphosa, president, South Africa p22
ADVOCACY How can the world save $50 trillion by 2050 in the green energy transition? Jennifer Steinmann, global sustainability business leader, Deloitte, and Bernhard Lorentz, global consulting sustainability and climate strategy leader, Deloitte p24 1.7 Mobilising UNDP support for climate finance Interview with Achim Steiner, administrator, United Nations Development Programme p26 1.8 Major climate finance initiatives since the Paris Agreement p28 1.9 Tracking climate contributions p30
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A Global Governance Project Publication
Published by: GT Media
CEO and Publisher: Khaled Algaay Co-editor: John Kirton Co-editor: Ella Kokotsis Managing Editor: Madeline Koch Production Editor: Amanda Simms Editorial Consultant: Ely Sandler Contact: LOCATION-CIRCLE White Collar Factory, 1 Old Street Yard, London EC1Y 8AF, United Kingdom Phone +44 207 6085137
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Financing a Just Transition is an official publication of the Global Governance Project. The Global Governance Project is a joint initiative between GT Media , a publishing company based in London, the Global Governance Program, based at the University of Toronto. The Global Governance Project provides a vital function for private and public sector organisations in support of their governance responsibilities. As a project it publishes content on how we can all demonstrate better collective governance, via independent platforms, for the world’s largest intergovernmental organisations, governments, NGOs, multilateral and bilateral summits, and the private sector’s leadership. © 2024. The entire contents of this publication are protected by copyright. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher. The views and opinions expressed by independent authors and contributors in this publication are provided in the writers’ personal capacities and are their sole responsibility. Their publication does not imply that they represent the views or opinions of the Global Governance Program, the University of Toronto or GT Media Group and must neither be regarded as constituting advice on any matter whatsoever, nor be interpreted as such.
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Financing a Just Transition
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