There is broad agreement that ensuring a just energy transition is key for achieving the trust and support from citizens needed to deliver on the COP28 goal of tripling renewable energy capacity by 2030. This paper discusses the concept of a just transition, with a particular focus on the importance of achieving a transition that benefits both local communities and society at large. It examines the governance and corruption challenges that could jeopardise this goal and discusses how industry associations and companies in the renewable energy sector could step up their efforts to address these challenges to realise the ambition of a just transition. The paper draws on lessons from tackling governance and corruption risks in the extractive sector and sets out proposals on how to accelerate collective action in the renewable energy sector.

Good governance and the just transition: Implications for renewable energy companies

Resource Key: 97Y8LSCE

Document Type: Report

Creator:

Author:

  • Maja de Vibe
  • Mark Robinson

Creators Name: {mb_resource_zotero_creatorsname}

Place: Basel

Institution: Basel Institute on Governance

Date: 2024

Language: en

There is broad agreement that ensuring a just energy transition is key for achieving the trust and support from citizens needed to deliver on the COP28 goal of tripling renewable energy capacity by 2030. This paper discusses the concept of a just transition, with a particular focus on the importance of achieving a transition that benefits both local communities and society at large. It examines the governance and corruption challenges that could jeopardise this goal and discusses how industry associations and companies in the renewable energy sector could step up their efforts to address these challenges to realise the ambition of a just transition. The paper draws on lessons from tackling governance and corruption risks in the extractive sector and sets out proposals on how to accelerate collective action in the renewable energy sector.

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