Economics and Finance of Equitable Transition
The transition to net zero has the potential to create disparities, with some sectors and groups benefitting while others face challenges, potentially worsening existing inequities in Indonesia. This programme seeks to address the limited understanding of how the shift to net zero in energy-related sectors will impact public finance, businesses, and society as a whole. Through research, analysis, and stakeholder engagement, it aims to develop solutions that promote an inclusive transition for all while fostering economic prosperity.
No one should be left behind in the energy transition and net-zero actions. Therefore, integrating economic and financial strategies is essential for effective decarbonisation and equitable transition.
This holistic approach ensures that all stakeholders are included in the transition, fostering collaboration and support, by aligning financial preparedness with climate goals.
ViriyaENB and its partners emphasise the critical connection between the transition to a net-zero society and the fiscal capacities and financial resources of governments, corporations, and non-governmental actors.
For a successful transition, inclusiveness becomes a necessity that ensures stakeholders can contribute and benefit from the transition. Ultimately, this approach will help build a net-zero society supported by an equitable and regenerative economy.
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