Advancing a Just Transition: A rights-based approach to climate financing

The paper argues that current climate financing models, particularly the "Billions to Trillions" agenda, prioritise private sector interests over development goals and human rights. It proposes a fair climate finance regime based on a state-led approach that prioritises public investments and green infrastructure to avoid the risks associated with overreliance on private actors. The author calls for a research agenda to bridge the gap between international human rights norms and the actual implementation of climate finance investment plans.

• The "Billions to Trillions" agenda promoted by global financial institutions is problematic because it prioritises the interests of the private sector over development objectives.
• Reliance on private finance for climate action creates risks that can compromise national autonomy and restrict access to essential services.
• A fair climate finance regime should be state-based, focusing on public investments and the development of green infrastructure rather than relying heavily on private actors.

APA

iej_admin (2023). Advancing a Just Transition: A rights-based approach to climate financing. Institute for Economic Justice. https://iej.org.za/resource/working-paper/climate-financing-working-paper_advancing-a-just-transition/

Chicago

iej_admin. Advancing a Just Transition: A rights-based approach to climate financing. Institute for Economic Justice, 2023. https://iej.org.za/resource/working-paper/climate-financing-working-paper_advancing-a-just-transition/.

Wikipedia

{{cite report |last1=iej_admin |title=Advancing a Just Transition: A rights-based approach to climate financing |publisher=Institute for Economic Justice |date=8 December 2023 |url=https://iej.org.za/resource/working-paper/climate-financing-working-paper_advancing-a-just-transition/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{iejadmin2023advancing, author = {iej\_admin}, title = {{Advancing a Just Transition: A rights-based approach to climate financing}}, institution = {Institute for Economic Justice}, year = {2023}, month = dec, url = {https://iej.org.za/resource/working-paper/climate-financing-working-paper_advancing-a-just-transition/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }