A Just Transition Toolkit for

The Challenges

The Opportunity

Only 15% of the NDCs in LAC make explicit commitments regarding a Just Transition.

The IDB can help countries to equitably share the benefits and mitigate the losses of a changing economic landscape.

The Response

A Just Transition Toolkit for LAC, that follows four overaching principles:

Promote equity by fairly distributing benefits and mitigating negative impacts.

Create quality jobs que that include benefits and wage sufficient to overcome poverty.

Avoid new carbon locks-in.

Promote the inclusion of stakeholders in planning and implementation.

The Solution: A Just Transition Toolkit

Planning for a Just Transition: creating the institutional and policy environment.

Taking advantage of new job opportunitites while addressing labor market impacts.

Minimizing negative impacts on households and ensuring the transition does not exacerbate poverty.

Supporting regions and communities to manage transition impacts and diversify their economies.

Ensuring resources to finance social investments needed for a just transition.