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The report proposes a worker-centred alternative financing framework for South Africa's just transition to a low-carbon economy. It argues that the existing Just Energy Transition Investment Plan (JET-IP) over-relies on private funding and profit-driven models, which may fail to deliver social justice or sufficient green industrialisation. The proposed framework integrates worker demands with promotional fiscal and monetary policies and the reform of Development Finance Institutions (DFIs) to ensure the transition is treated as a public good.

This report by the Institute for Economic Justice (IEJ) proposes a worker-centred alternative financing framework for South Africa's just transition to a low-carbon economy. It argues that existing mechanisms, such as the Just Energy Transition Investment Plan (JET-IP), rely too heavily on private sector funding and profit-driven models, which risk neglecting socioeconomic rights and worker protections. The IEJ advocates for a holistic macroeconomic shift involving promotional fiscal and monetary policies, the creation of a Climate Response Fund (CRF), and the realignment of Development Finance Institutions (DFIs) to prioritise public goods and job creation over profit.

This policy brief argues that South Africa's Just Energy Transition must move beyond infrastructure to prioritize workers and economic diversification. It suggests that reallocating 10% of bank lending (R52.41 billion) and reforming retirement industry offshore limits (R600 billion) could provide necessary funding. Key recommendations include expanding the Green Finance Taxonomy to include worker transition plans and implementing green capital requirements to incentivize job-creating investments.

A summary of the Fifth Annual Meeting of the San Giorgio Group (SGG), held in February 2016, which focused on transitioning from climate diplomacy to the implementation of green, low-emissions finance following the Paris Agreement.