Innovative Governance for Private Sector in Just Energy Transition

Innovative Governance for Private Sector in Just Energy Transition

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Innovative Governance for Private Sector in Just Energy Transition

June 18, 2024

This Policy Action Brief, "Innovative Governance for Private Sector in Just Energy Transition", addresses the critical role of the private sector in achieving a sustainable and equitable energy transition. It explores how effective, inclusive, and accountable governance can strengthen private sector involvement, ensuring a transition that reduces greenhouse gas emissions and promotes social and economic equity.

The document provides comprehensive policy insights and practical examples designed to empower the private sector in the energy transition through a dual strategy: direct public policy actions to encourage private sector participation and supportive governance structures to strengthen partnerships with private sector and other stakeholders.

This publication offers a roadmap for policymakers to create an ecosystem for private sector-active participation that drives technological advancement, economic growth, and job creation. By fostering a collaborative and inclusive approach, it aims to ensure that the benefits of the energy transition are widely shared, paving the way for a resilient, sustainable, and just future.