Filling the Just Transition finance gap:
the role of Private capital

The Just Transition Fund will bring investments of up to CZK 42 billion to the coal regions. However, projects being considered for funding in the regions total nearly CZK 500 billion. Furthermore, a comprehensive and meaningful just transition will go on far after the end of the current MFF. EU funding beyond that time is uncertain. How can private capital play a role in funding the just transition. This workshop will explore sustainability bonds and other sustainable investment tools. The event is organised with support of the British Embassy in Prague.

AIMS OF THE EVENT
The webinar is aimed at improving the understanding of financing mechanisms for just transitions, and the policy options that support mobilisation of private capital. The goal is to learn more about LSE Grantham’s work on just transitions and to hear the latest research and thinking on the topic, as well as share other work on improving just transition frameworks.

SPEAKERS AND THEIR PRESENTATION TOPICS
• Katarzyna Szwarc, Policy Fellow, Sustainable Finance at Grantham Research Institute on Climate Change & the Environment, UK.
- Presentation on Grantham Research Institute’s groundbreaking work on financing a just transition.

• Michelle Horsfield, Transition Programme Director, Climate Bonds EU, China and India.
- How the corporate and sovereign bond market can contribute to a just transition.

• Nikos Mantzaris, Senior Policy Analyst & Partner, The Green Tank, Greece.
- Lignite phase out and Just Transition in Greece.

• Michał Hetmański, President of the Board, Instrat, Poland.
- Good practices in financing just transition in Poland. Role for private capital.

• Vilém Řehák, Banking Expert, Czech-Moravian Guarantee and Development Bank, Czech Republic
- Role of the CMGDB in private capital funding of the just transition under Pillar 2.

MODERATED BY
David Murphy, Head of Development and Strategy, ISFC

QUESTIONS
The event will seek to explore:
- How can private capital play a role in funding the just transition?
- What are the necessary conditions for success?
- What principles should be adopted for financing just transition projects to ensure long-term sustainability?
- What are the greatest missed opportunities in the CEE region?
- What have been the most successful examples of just transition financing?
- What are the key actions governments can take to improve private capital flows to just transition projects?
- How can the rise of environmental, social and governance (ESG) investing be leveraged to improve just transition financing?