Just Energy Transition: Securing the Rights of Marginalized Communities through an Inclusive Mitigation Pathway, Addressing Gender, and Intersectionality

World Bank research from 2021 claims that since 2000, the GDP of some of the most vulnerable nations in the world has decreased by more than 20% due to climate change. A further indication of the pressing need for efficient climate finance channels is the UN’s estimate that by 2030, climate change might force an extra 132 million people into poverty, primarily in South Asia and Sub-Saharan Africa.

Decarbonizing economies is necessary for a just energy transition, but it’s also important to make sure that everyone is treated fairly and that no one is left behind. The International Labor Organization (ILO) estimates that by 2030, the shift to a green economy might generate up to 24 million new jobs worldwide. To do this, significant funding for renewable energy sources, labor retraining, and strong social safety nets are needed, especially for residents of areas that depend heavily on fossil fuels.

Any just transition strategy must be centered around gender and intersectional equity. According to a UN Women report from 2022, women are disproportionately impacted by climate change, particularly in rural and low-income areas, and are 14 times more likely than males to die in disasters due to climate change. Achieving a just transition requires making sure that women and other marginalized groups are actively involved in decision-making processes and have access to the advantages of the green economy.

Objective of Event:

The main goals will be to synthesize these lessons and promote stronger, more fair climate finance systems. Building on the momentum from COP 28, the side event at COP 29 will bring together world leaders, decision-makers, and grassroots voices to talk about practical steps that can be taken to secure the rights of marginalized groups through an inclusive mitigation approach. Given that the people most vulnerable to climate change are also the least accountable for it, this road must place a priority on including the marginalized voices, with gender and intersectional equity.