Defining Just Transition

Giorgos Galanis (), Mauro Napoletano, Lilit Popoyan (), Alessandro Sapio () and Olivier Vardakoulias ()
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Giorgos Galanis: School of Business and Management, Queen Mary University of London (UK).
Lilit Popoyan: School of Business and Management, Queen Mary University of London (UK).
Alessandro Sapio: University of Naples "Parthenope" (Italy)
Olivier Vardakoulias: Climate Action Network (CAN) Europe (Belgium)

No 114, Working Papers from Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research

Abstract: Climate change has sparked a vivid discussion on its socio-economic risks, capturing the attention of academic circles and policymakers. While it is widely argued that a low-carbon transition should be socially just, the precise criteria that policies must adhere to, in order to be universally accepted as `just', remain insufficiently defined. We draw on relevant theories of distributive justice to provide a formal definition of a just transition. According to our definition, just transition policies should minimise costs for the most vulnerable groups and also take into account the uneven responsibility for causing damages.

Keywords: climate change; distributive justice; green policies; just transition; inequality (search for similar items in EconPapers)
JEL-codes: O13 Q52 Q54 Q58 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2024-03
New Economics Papers: this item is included in nep-ene, nep-env, nep-hme and nep-hpe
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Persistent link: https://EconPapers.repec.org/RePEc:cgs:wpaper:114

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