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Just Transition for All: The World Bank Group’s Support to Countries Transitioning Away from Coal

Transitioning countries away from coal—the world's most dominant and most carbon-intensive source of energy—is crucial to ensuring a clean energy future. 

 

A well-managed retirement of coal power plants and a massive scale-up in clean energy are essential to achieving the Sustainable Development Goals and the targets of the Paris Agreement.

 

A "Just Transition for All" initiative puts people and communities at the center of the transition. The initiative works with stakeholders to create the plans, policies, and reforms needed to mitigate environmental impacts, support impacted people, and build a new clean energy future.

 

The World Bank has decades of experience supporting countries where coal mines and power plants are closing, wherever they are in the transition process. This includes looking at the interdependencies between the decommissioning of coal assets—such as mining, transport, and power plants—and developing renewable energy programs to take their place. Since 1995, we have provided more than $3 billion to support coal transitions.

 

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