Open letter to G20 Sustainable Finance Working Group

In this open letter, WBA along with 10+ other experts and organisations working on just transition provide four key recommendations on how to incorporate just transition into the G20 finance track and inform progress as part of the SFWG transition finance framework. These include the following:

1. G20 finance ministers and central bank governors can play a decisive role in scaling finance aligned with just transition principles and in enacting a conducive policy environment across multiple economic sectors and the international financial system
2. The identification of regions most at risk across G20 members coupled with place-based investments can support the SWFG in driving decent green job creation and community benefits in regions most affected
3. Stronger measurement and disclosure on the delivery of the “just” part of just transition – nationally and internationally is crucial and can enable the SFWG to meet key pillars and principles at the core of its transition finance framework
4. Knowledge exchange, capacity building and peer to peer learning can ensure just transition planning is coordinated across the SFWG and G20 members

For more details on the above recommendations please see the full open letter above. To learn more or get in touch with our policy team please contact j.roth@worldbenchmarkingalliance.org