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Who Should Pay for the Planet’s Bill?
This fact sheet by the Institute for Economic Justice examines the inequities of global climate finance, arguing that current G20-led mechanisms often exacerbate debt vulnerability in developing nations through a reliance on loans and 'de-risking' strategies that prioritize private profit over public welfare.
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Document type: Fact sheet
A Framework for Understanding the Just Energy Transition Partnership on South Africa’s Just Transition
This policy brief by the Institute for Economic Justice critiques the USD 8.5 billion Just Energy Transition Partnership (JETP) for South Africa, arguing that its reliance on 'de-risking' private finance through Independent Power Producers (IPPs) and blended finance shifts commercial risks to the state while privatising gains. The authors contend that this model threatens to increase energy poverty, worsen the national debt profile, and undermine the localisation of renewable energy manufacturing. The document proposes alternative financing pathways, including the regulation of PPPs, debt cancellation for 'odious debt', climate reparations, and the implementation of allocative green credit policies.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Policy brief