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  The Economics of a Just Transition

Carballo, I. H., Verdolini, E., Steckel, J. C., Tavoni, M., Vona, F. (2026): The Economics of a Just Transition. - Review of Environmental Economics and Policy, 20, 2, 260-282.
https://doi.org/10.1086/742029

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 Creators:
Carballo, Ireri Hernandez1, Author
Verdolini, Elena1, Author
Steckel, Jan Christoph2, Author                 
Tavoni, Massimo1, Author
Vona, Francesco1, Author
Affiliations:
1External Organizations, ou_persistent22              
2Potsdam Institute for Climate Impact Research, Potsdam, ou_persistent13              

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 Abstract: Addressing climate change requires policies that are ethically defensible, politically acceptable, and implementable. The concept of a “just transition”—a decarbonization process that avoids leaving workers and communities behind and mitigates burdens on vulnerable and historically marginalized groups—has gained prominence in academic and policy debates. This article bridges these debates with insights from environmental economics. We identify and examine four key dimensions of a just transition—distributional, restorative, procedural, and recognition justice—and use them to map existing economic research. We highlight the contributions and limitations of environmental economics in addressing justice concerns and discuss gaps that future research should address to better inform the design of equitable climate policies.

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Language(s): eng - English
 Dates: 2026-06-252026-06-25
 Publication Status: Finally published
 Pages: 23
 Publishing info: -
 Table of Contents: -
 Rev. Type: Peer
 Identifiers: DOI: 10.1086/742029
PIKDOMAIN: RD5 - Climate Economics and Policy - MCC Berlin
Organisational keyword: RD5 - Climate Economics and Policy - MCC Berlin
Working Group: Political Economy
Research topic keyword: Political Economy
Research topic keyword: Climate Policy
Research topic keyword: Policy Advice
MDB-ID: No data to archive
OATYPE: Hybrid Open Access
 Degree: -

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Project name : AdJust
Grant ID : 101069880
Funding program : Horizon Europe (HE)
Funding organization : European Commission (EC)

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Title: Review of Environmental Economics and Policy
Source Genre: Journal, SCI, Scopus
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Pages: - Volume / Issue: 20 (2) Sequence Number: - Start / End Page: 260 - 282 Identifier: CoNE: https://publications.pik-potsdam.de/cone/journals/resource/Review-Environmental-Economics-Policy
Publisher: University of Chicago Press