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Mobilizing Finance and Know-how for a People-centered Just Transition

November 15, 2022

As countries strive to safeguard energy security, some have increased their coal consumption, likely increasing global emissions. Transitioning away from coal must remain a priority to limit global warming to below 2°C.

At COP27, the World Bank hosted a panel discussion on the steps countries can take to prepare for a just transition away from coal, with insights from South Africa, India, and Poland. This event also presented the objectives of an upcoming initiative that will help countries phase down their coal dependency and navigate the social, political, and environmental challenges in shifting to cleaner alternatives.