The concept of a 'just' transition refers to ensuring that the shift towards a sustainable and low-carbon economy is fair and inclusive, addressing the social and economic impacts on workers and communities.
* Just transition (C): Helping displaced miners transition to safe decommissioning of abandoned mines ensures that these workers are provided with new employment opportunities that utilize their skills, while also addressing environmental remediation. This approach highlights the social responsibility of managing the transition's impacts on workers and communities.
* Subsidizing businesses for solar arrays (A): While beneficial for promoting renewable energy, this does not directly address the social impacts on displaced workers.
* Funding outplacement programs for public sector workers (B): While important, this example does not specifically address the environmental aspects of a just transition, which encompasses both social and environmental justice.
References:
* CFA ESG Investing Principles
* Just Transition Centre and International Labour Organization (ILO) guidelines on just transition