Ipieca’s aspiration
To support the oil and gas industry’s participation in international collaboration to transition to a low-carbon world in a way that’s just and fair for workforces, communities and consumers.
Who will make it happen?
A just transition will require collaboration between governments, employers, businesses, unions, communities, civil society, UN agencies and other international organizations.
What approaches will be needed?
A just energy transition will require significant economic, environmental, technical, social, infrastructure and mindset transformations. It will need holistic, proactive and long-term approaches, with shared agendas, clear policy direction and active participation of key stakeholders.
In what way should the transition be ‘just’?
International efforts to achieve a just transition should:
- Respect the rights of communities and workforces, including in global supply chains
- Address impacts on those who currently depend on the oil and gas industry for jobs and energy, or benefit from its social investments
- Address impacts of new types of business that reduce carbon and develop renewables
- Promote long-term opportunities for decent work and sustainable livelihoods
- Make lower-carbon energy affordable and reliable for developing nations as well as developed countries
- Avoid penalising poor, vulnerable and historically disadvantaged people, and promote social equity in the distribution of low-carbon energy benefits
- Fulfil the 2015 Paris Agreement statements on just transition, and leave no-one behind in a world aspiring to a net-zero future
- Support UN Sustainable Development Goals that are relevant to a just transition