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How to Make the Green Transition Work for People and the Economy

Green Transition

Título: How to Make the Green Transition Work for People and the Economy

Ensayo , 2026 , 13 Páginas

Autor:in: Bhupendra Thapa (Autor)

Economía de las empresas - Otros
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The green transition has emerged as a key global strategy for addressing climate change while promoting sustainable economic development which involves shifting from fossil fuels to renewable energy sources, improving energy efficiency and adopting environmentally sustainable production and consumption systems. However, the transition also raises important social and economic concerns, particularly for workers and communities that rely on carbon-intensive industries. This article examines how the green transition can be designed to benefit both people and the economy through a just transition approach. It discusses the importance of social equity, job creation, worker reskilling, inclusive policies and community participation in ensuring that no group is left behind during the transformation toward a low-carbon economy. The study also highlights the role of governments, public policies and private sector innovation in supporting green investments, technological development and sustainable economic growth. While the transition presents challenges such as high initial costs, political resistance and unequal impacts across regions, it also offers significant opportunities including new industries, improved public health, energy security and long-term economic resilience. Therefore, a balanced and inclusive green transition is essential for achieving environmental sustainability, economic stability and social well-being.

Extracto


Table of Contents

1. Introduction

2. Understanding the Green Transition

3. Why the Green Transition Must Work for People

4. Economic Opportunities of the Green Transition

5. Making the Transition Just and Inclusive

6. Role of Government and Public Policy

7. Role of the Private Sector and Innovation

8. Challenges and Trade-offs

9. Lessons from Global Experiences

10. Conclusion

Research Objectives and Core Themes

The primary objective of this study is to analyze how a "just transition" approach can align environmental sustainability with social equity and economic resilience. The research investigates how structural changes in energy and production systems can be managed to protect vulnerable workers and communities, ultimately ensuring that the shift toward a low-carbon economy benefits society as a whole.

  • The importance of social equity and workforce reskilling in the green transition.
  • The strategic role of government policy and public-private cooperation.
  • Identifying economic opportunities through sustainable innovation and new market creation.
  • Mitigating risks such as job displacement and income inequality during industrial shifts.
  • Cross-national lessons on effective "just transition" frameworks.

Excerpt from the Book

3. Why the Green Transition Must Work for People

A green transition that places people at the center ‘a just transition’ is essential because without social acceptance and equity, the shift to a low-carbon economy risks creating social unrest, widening inequality and falling to achieve its environmental goals. It must work for people to ensure that the costs of the transition do not disproportionately affect the most vulnerable and the benefits such as new jobs and cleaner air are shared fairly.

If transition do not work for people, it won’t last too long. There are numerous reason behind it must work for the sake of people and some can be explained as below:

o Centering people builds public support which is crucial for sustaining long term, ambitious climate policies while protecting workers and communities’ livelihood fairly.

o Generally, the transition risks leaving low-income population behind particularly through potential energy or food price volatility. However, a people-centered approach ensures that new, green alternatives remain accessible and affordable to all, not just the prosperous.

Summary of Chapters

1. Introduction: Outlines the fundamental challenge of balancing climate change mitigation with the protection of jobs and human welfare through a green transition.

2. Understanding the Green Transition: Defines the conceptual shift toward a low-carbon economy and identifying the primary sectors such as energy, transport, and agriculture involved.

3. Why the Green Transition Must Work for People: Explains the necessity of a people-centered approach to ensure social acceptance and prevent widening inequality.

4. Economic Opportunities of the Green Transition: Examines new markets, job creation, and long-term economic resilience resulting from sustainable investments.

5. Making the Transition Just and Inclusive: Discusses multifaceted strategies like reskilling, social dialogue, and place-based policies to connect environmental goals with social protection.

6. Role of Government and Public Policy: Analyzes the use of regulatory frameworks and incentive systems to guide the green transition effectively.

7. Role of the Private Sector and Innovation: Highlights the complexity of private involvement and the necessity for public-private collaboration.

8. Challenges and Trade-offs: Addresses risks such as high initial costs, political resistance, and the phenomenon of green-washing.

9. Lessons from Global Experiences: Reviews comparative case studies from various nations to identify successful frameworks and lessons from failures.

10. Conclusion: Concludes that a successful transition requires the alignment of environmental action with social equity and long-term economic stability.

Keywords

Green transition, Just transition, Renewable energy, Social equity, Sustainable development, Green economy, De-carbonization, Economic resilience, Public policy, Climate change, Workforce reskilling, Environmental sustainability, Innovation, Net zero emissions, Inclusive growth

Frequently Asked Questions

What is the core focus of this publication?

The work focuses on the intersection of climate change mitigation and economic welfare, advocating for a "just transition" that protects workers and communities while shifting to a low-carbon economy.

What are the primary sectors addressed in this analysis?

The analysis covers the energy sector, transport, agriculture, and manufacturing, emphasizing the need for deep decarbonization across these industries.

What is the central research question?

The research asks how countries can achieve environmental sustainability without causing job losses, income inequality, or economic disruption for vulnerable populations.

Which scientific methods are utilized?

The study utilizes a comparative analysis of global case studies and theoretical economic frameworks, such as the Porter Hypothesis, to assess policy impacts and transition requirements.

What themes dominate the main content?

Major themes include social equity, the role of government incentives, private sector innovation, and the importance of reskilling programs for the future workforce.

How are the keywords defined for this document?

The keywords highlight the essential components of the transition, spanning from energy-specific terms like renewable energy and de-carbonization to socio-economic terms like social equity and inclusive growth.

How does the author define the 'Carrot and Stick' approach by governments?

The author describes it as a policy mix where "sticks" represent regulations, emission standards, and bans, while "carrots" represent tax credits, subsidies, and public investments in green technologies.

What lessons are drawn from the German case study?

The German case highlights the risks of phasing out nuclear power without sufficient preparation, which led to skyrocketing electricity prices and an increased reliance on coal/gas as backup.

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Detalles

Título
How to Make the Green Transition Work for People and the Economy
Subtítulo
Green Transition
Universidad
Tribhuvan University  (Prithvi Narayan Campus, Nepal)
Curso
Finance
Autor
Bhupendra Thapa (Autor)
Año de publicación
2026
Páginas
13
No. de catálogo
V1710592
ISBN (PDF)
9783389185179
Idioma
Inglés
Etiqueta
Green transition Just transition Renewable energy Social equity Sustainable development Green economy
Seguridad del producto
GRIN Publishing Ltd.
Citar trabajo
Bhupendra Thapa (Autor), 2026, How to Make the Green Transition Work for People and the Economy, Múnich, GRIN Verlag, https://www.grin.com/document/1710592
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