Publication – The actors of Just Transition #3
Discover the third paper in our series ‘Actors in the Just Transition’, this time dedicated to territories. This series is produced as part of our Just Transition Taskforce, and following on from our ‘Paris marketplace roadmap for a just transition’. This paper highlights the need for financial institutions to integrate the concerns of territories and local communities as part of their Just Transition strategies.
To be fair, the transition must therefore take into account its consequences for each territory, in order to take advantage of its geography, economic and social assets and specific features to create new opportunities where current jobs are threatened. For investors, the challenge is not only to finance projects in the territories most affected, but also to integrate local communities as full players in the transition. In this article, the Paris financial center commits to:
- Promote the development and innovation of financial vehicles integrating environmental and social objectives across several asset classes
- Encourage dialogue between companies and investors on this subject
- Promoting dialogue with local authorities and synergies between the public and private sectors