Document Type
Report/Policy Paper
Publication Date
9-2024
Abstract
As the global economy transitions to a just, low-emissions, climate-resilient, and nature-positive future, we can expect every sector to transform. However, systemic transformation requires strategic transition planning, effective coordination, and communication across the economy. To facilitate this, governments can play a decisive role by managing change and setting incentives and constraints for private actors. Similarly, private sector actors can enhance their corporate strategies and financing decisions to support this transition. Transition plans serve as a roadmap to transformation by outlining a strategic vision and identifying capital needs, external factors, and dependencies.
CCSI is collaborating with experts at CETEx, King’s College, the World Bank, and Aviva Investors to develop the policy case for government-led transition planning as well as a handbook leveraging the framework of the UK’s Transition Planning Taskforce (TPT) to facilitate the integration of transition planning efforts between governments and the real economy. The T20, the “idea bank” of the G20 published the first result of this collaboration.
The latest report in CCSI’s collaboration with CETEx, King’s College, the World Bank, and Aviva Investors advocates for government leadership at the center of a whole-of-system response to the urgent challenges of climate change and sustainable development. The report develops a set of principles-based recommendations for national transition planning by reinterpreting the frameworks of Transition Plan Taskforce (TPT) and Glasgow Financial Alliance for Net Zero (GFANZ) for the national-level context and drawing insights from the Transition Pathway Initiative (TPI). It is accompanied by a handbook of detailed guidance, examples, case studies, and resources. Its publication follows a successful launch event during NY Climate Week.
Disciplines
Environmental Law | International Law | Law
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Recommended Citation
Manning M et al. (2024) Taking the Lead on Climate Action and Sustainable Development: Recommendations for Strategic National Transition Planning at the Centre of a Whole-of-System Climate Response. London: CETEx and Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science.
Available at: https://scholarship.law.columbia.edu/sustainable_investment/50