Transition Planning: The Policy Case and the Handbook

As the global economy transitions to a just, low-emissions, climate-resilient, and nature-positive future, we can expect every sector to transform. However, systemic transformation requires strategic transition planning, effective coordination, and communication across the economy. To facilitate this, governments can play a decisive role by managing change and setting incentives and constraints for private actors. Similarly, private sector actors can enhance their corporate strategies and financing decisions to support this transition. Transition plans serve as a roadmap to transformation by outlining a strategic vision and identifying capital needs, external factors, and dependencies.

CCSI collaborated with experts at CETEx, King’s College, the World Bank, and Aviva Investors to develop the policy case for government-led transition planning as well as a handbook leveraging the framework of the UK’s Transition Planning Taskforce (TPT) to facilitate the integration of transition planning efforts between governments and the real economy. The T20, the “idea bank” of the G20 published the first result of this collaboration.

The latest report in CCSI’s collaboration with CETEx, King’s College, the World Bank, and Aviva Investors advocates for government leadership at the center of a whole-of-system response to the urgent challenges of climate change and sustainable development. The report develops a set of principles-based recommendations for national transition planning by reinterpreting the frameworks of TPT and Glasgow Financial Alliance for Net Zero (GFANZ) for the national-level context and drawing insights from the Transition Pathway Initiative.

The report was launched during New York Climate Week 2024.

Authors

Lisa Sachs

Director

Perrine Toledano

Director of Research and Policy

Themes

• Development Planning
• Energy Transition
• Financing Climate & Sustainable Development

Tags

• Climate change