Efforts to deliver a just transition to a net-zero economy have focused on the energy system. However, the imperative of decent work and social inclusion applies equally to sectors that affect and are affected by nature.
This report defines a ‘just nature transition’ as a shift to a net-zero and climate-resilient economy that delivers decent work, social inclusion and the eradication of poverty while simultaneously delivering biodiversity goals.
It explores how the financial sector can support positive outcomes for the just transition, focusing on four priority areas: delivering sustainable agriculture and food systems; ending deforestation; scaling up nature-based solutions; and restoring ocean ecosystems. It also provides recommendations for the financial sector and financial institutions to guide action in support of just nature transition.