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Financing a Just Transition:
Transforming Funding, Tackling Climate Change

Edited by John Kirton and Ella Kokotsis
with Ely Sandler as editorial consultant
Published by GT Media, 2024

Free downloadable electronic version available here
See also the Global Governance Project

Introduction: Achieving Adequate, Ambitious Climate Finance

Countering the greatest crisis of our time
John Kirton, director, Global Governance Program
Bridging the gap between ambition and action
Ella Kokotsis, director of climate finance strategy, Global Governance Program
A moment of profound fracture
Simon Stiell, executive secretary, UN Climate Change
A crucial transformation
Narendra Modi, prime minister, India
Taking a global role in the climate crisis
Luiz Inácio Lula da Silva, president, Brazil
Building a sustainable future
Cyril Ramaphosa, president, South Africa
Mobilising UNDP support for climate finance
Interview with Achim Steiner, administrator, United Nations Development Programme

The Paris Agreement Platform

Bridging the gap: using carbon pricing to finance the energy transition
Ely Sandler, Harvard Kennedy School
The need to scale climate finance provision for a just transition: Morocco’s perspective
Bouzekri Razi, director, Climate Change, Biodiversity and Green Economy, Morocco’s Ministry of Energy Transition and Sustainable Development, and Iskander Erzini Vernoit, director, IMAL Initiative for Climate and Development
Rwanda’s path to a just and sustainable future: mobilising finance for climate action
Juliet Kabera, director general, Rwanda Environment Management Authority
Balancing development and climate ambitions
Amitabh Kant, India’s G20 sherpa

Improving Public Finance

Working together to fight climate change
Kristalina Georgieva, managing director, International Monetary Fund
The role of the International Monetary Fund in supporting climate action
Ceyla Pazarbasioglu, director, Strategy, Policy and Review Department, International Monetary Fund
Lessons from a journey across the globe
Ajay Banga, World Bank Group president
Trillions needed from the G7 and G20 for the climate emergency
Brittaney Warren, director of compliance and sustainability governance, Global Governance Program
How multilateral development banks can bridge the climate financing gap
Frannie Léautier, former chair, G20 Expert Panel on the Capital Adequacy of the Multilateral Development Banks

Mobilising Private Sector Finance

Financial innovation for climate investment and development
Mark Carney, United Nations special envoy on climate action and finance
Transforming the financial system: an inclusive, people-centred approach
Nick Robins, professor in practice – sustainable finance, London School of Economics and Political Science
Are corporations allocating capital towards climate action?
Shafaq Ashraf and Sangeeth Selvaraju, Grantham Research Institute on Climate Change and the Environment

Improving Integrity for Private Sector Finance

How IOSCO is supporting trust in capital markets to drive sustainability
Jean-Paul Servais, board chair, International Organization of Securities Commissions
Best steps now for urgent climate action
Interview with Michael Bloomberg, UN secretary-general’s special envoy for climate ambition and solutions
Partnerships to get on the right pathway
Mia Mottley, prime minister, Barbados
Corruption: a roadblock to climate finance
Lida Preyma, founder and CEO, Celandaire Capital

Frontier Technology – Financing Fit-for-Future Infrastructure

Growing the pipeline of energy transition investments
Astrid Manroth, head, Global Infrastructure Facility
What will it take to unlock climate finance for just energy transitions?
Angela Wilkinson, secretary general and CEO, World Energy Congress
How regenerative agriculture can make climate solutions more resilient
Tania Strauss, head of food and water, World Economic Forum

Innovative Climate Financing

Addressing the climate finance gap: a path forward for global emissions alignment and ambitious action
Paolo Gentiloni, European Commissioner for Economy
An SDR bond for climate finance
Brad W Setser, Whitney Shepardson senior fellow, Council on Foreign Relations
A public health perspective on climate change and small island developing states: the Caribbean region [full-length version]
Laura-Lee Boodram, Shane Kirton and Lisa Indar, Caribbean Public Health Agency
A closer look at South Africa’s approach
Interview with Elizabeth Sidiropoulos, chief executive, South African Institute of International Affairs

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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
Electrify and decarbonise: GE Vernova’s blueprint for a just energy transition
Scott Strazik, chief executive officer, GE Vernova
Financing the transition: why we need leadership
Lindy Fursman, director of climate and energy policy, Tony Blair Institute for Global Change
Minas Gerais
A beacon for global investment
Financing a just transition means mobilising the private sector
Leen Alsebai, general manager, RX Middle East, and head, World Future Energy Summit

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