PROJECT TO DEVELOP A CONTRIBUTION TO A JUST TRANSITION FINANCE ROADMAP
In 2021 TIPS embarked on a 12-month research project to contribute to a first iteration of a Just Transition Finance Roadmap. The project has approached just transition finance as a separate use of climate funds, with different challenges, metric and ambitions. Unlike mainstream just transition roadmap thinking, it adopts an action-based research approach, looking at place-based investment needs at a project level. The research aims to provide evidence of the characteristics of just transition projects in South Africa and hence their financing needs. A gap analysis is being undertaken to understand what will be required to systemically support just transition activities. The bottom-up approach aims to culminate in articulating the characteristics of a future financial ecosystem, which systemically supports mobilising appropriate, sustainable just transition finance aligned to government climate and social development policy. The roadmap suggests a short-term action agenda to begin such a journey.
Funding for the project is provided by GIZ , European Union, German Ministry of the Environment, and UK PACT.
RESEARCH AND REPORTS
Toward a contribution to a just transition finance roadmap in South Africa - Sandy Lowitt (TIPS)
This working paper begins the process of framing a just transition narrative in the context of the South African financial system.
This paper briefly describes the project research completed and then focuses on the financing characteristics that high just transition ambition projects exhibit.
Understanding the demands a new financial eco system will need to meet - Sandy Lowitt (TIPS)
Roadmap progress report - presentation.
These expert think pieces were commissioned to support and inform the broader research and thinking of the drafting of a first iteration of a contribution to a just transition finance roadmap for South Africa. The papers form part of the UK PACT funding.
TIPS Just Transition Finance Roadmap Workstream: Communication, awareness & outreach - Nicole Martens (Martens Impact Advisory)
Insights for South Africa's Just transition Finance Roadmap: Nexus of project needs and financing response - Chantal Naidoo (Rabia Transitions Initiative)
Scaling the Just Transition for community-based and community-placed projects - Fumani Mthembi (Knowledge Pele)
Finance and the Just Transition - Sandy Lowitt (TIPS)
This working paper, commissioned by Presidential Climate Commission, is part of a series that will provide an evidence-based foundation for a new Framework for a Just Transition.
The Just Transition - Insights into the financial roadmap
Insights for South africa's Just transition Finance Roadmap: Nexus of Project Needs and Financing Response - (Chantal Naidoo, Rabia Transitions Initiative)
Scaling Community JT Projects Towards a Just Transition (Fumani Mthembi, Knowledge Pele)
Article: Ramaphosa to chair inter-Ministerial committee to oversee R131bn just transition offer (Terence Creamer, Engineering News 25 November 2021)
Article: Just Transition: SA's battle for green power accreditation (Thuletho Zwane, City Press 28 November 2021)
SA-EU JUST TRANSITION FINANCING ROADMAP: TECHNICAL PEER-TO-PEER COUNTERPART KNOWLEDGE SHARING - A SERIES OF THREE WEBINARS
Funding for webinar series by GIZ, EU, and GME
The role of DFIs (Development Finance Institutions) in deploying financing to Just Transition projects
Mobilising institutional investor flows to finance Just Transition activities
The challenges facing commercial and investment banks in funding a Just Transition