ABSTRACT
With conceptual moorings in the theory of justice, the chapter will specifically explore the potential of climate financing to deliver distributive and procedural justice in the Just Transition process. While examining the distributive dimension, the discussion will be concerned with the extent to which the climate financing mechanisms deal with mitigating the social and economic costs associated with the transition process as well as with redistributing the benefits more equitably. While analysing the procedural aspect, the chapter will discuss the extent to which the Just Transition-related climate financing mechanisms deal with devising fair and inclusive decision-making around the transition process. Analysing transition-related climate financing through the lens of distributive and procedural justice can help uncovering the existing and potential gaps in these mechanisms that can result in perpetuating inequities in the process. The chapter will conclude with recommendations for a stronger, just, and inclusive finance mobilisation for Just Transition.
