Just Energy Transition Partnerships: Pathway for India’s Green Transition

Book: Intersectionality Between Climate Change and Sustainable Development Goals: A Socio-Legal Perspective from India by CSMFL Publications

by Ashima Gulati1
1Climate Policy Consultant and Postgraduate Student of Public Policy at the Blavatnik School of Government, University of Oxford, England.
10.46679/9788196780524ch11
This chapter is a part of: Intersectionality Between Climate Change and Sustainable Development Goals: A Socio-Legal Perspective from India
ISBN (Ebook):978-81-967805-2-4
ISBN (Hardcover Print):978-81-967805-0-0
ISBN (Softcover Print):978-81-967805-3-1

© CSMFL Publications & its authors.
Published: August 28, 2025

Gulati, A. (2025). Just Energy Transition Partnerships: Pathway for India’s Green Transition. In N. Chaudhary & S. Chaturvedi, Intersectionality Between Climate Change and Sustainable Development Goals: A Socio-Legal Perspective from India (pp 175-194). CSMFL Publications.
https://dx.doi.org/10.46679/9788196780524ch11

Abstract

India faces a dual challenge of economic growth and climate change mitigation, being the world’s third-largest greenhouse gas emitter while relying heavily on fossil fuels, particularly coal. Transitioning to renewable energy (RE) is essential for reducing emissions, but this shift requires more than just infrastructure changes—it demands a comprehensive approach integrating technology, finance, regulation, and socio-economic considerations. A just transition, ensuring equity and fairness, is key to this process. One of the biggest hurdles in achieving a just energy transition is financing. Developing countries like India must leverage diverse financial instruments, including private investments and multilateral support. A promising solution is Just Energy Transition Partnerships (JETPs)—an emerging financing mechanism aimed at bridging India’s green funding gap. This chapter explores the challenges associated with adopting JETPs in India, assessing their effectiveness as a financial tool to facilitate a just energy transition, combat climate change, and promote sustainable development.

Keywords: Climate Change, Just Transition, Climate Finance, Renewable Energy, Sustainable Development.

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