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AIS Sustainability Seminar Series - "Just Transition Finance for Managed Coal Phase Out: Legitimizing Unjust Compensation?"
12:00-13:20
AIS Sustainability Seminar Series - "Just Transition Finance for Managed Coal Phase Out: Legitimizing Unjust Compensation?"
AIS Sustainability Seminar Series returns! You are cordially invited to our next seminar on 30 October 2024, featuring Prof. Anatole Boute from Chinese University of Hong Kong. Details as below:
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Date |
5 November 2024 (Tue) |
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Time |
12:00 – 13:20 (HKT) |
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Format Venue |
In-person and Zoom Room 1103 (Lift 19) Academic Building, HKUST |
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Topic |
“Just Transition Finance for Managed Coal Phase Out: Legitimizing Unjust Compensation?” |
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Speaker |
Prof. Anatole Boute, Faculty of Law, Chinese University of Hong Kong |
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Moderator |
Prof. Laurence Delina, Division of Environment and Sustainability, The Hong Kong University of Science and Technology |
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Registration |
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| Abstracts | Just Energy Transition Partnerships (JETP) aim to mobilize public and private finance to accelerate the energy transition in developing countries, including by compensating investors in coal power for the early retirement of their plants. Paradoxically, the risk of similar compensation under international investment treaties has led to severe criticism, as illustrated by states’ withdrawal from the Energy Charter Treaty. Taking into account this apparent contradiction, this article investigates the compensation of coal investors under the JETP, and related transition finance initiatives, building on the just transition and climate-investment law literature. The analysis focuses on the early termination of coal Power Purchase Agreements (PPAs) in Indonesia and Vietnam – two JETP countries that provide relevant case studies to understand the obstacle that long-term PPAs present for the energy transition, and the justice implications of fully compensating investors for terminating these agreements. |
AIS Sustainability Seminar Series - "Just Transition Finance for Managed Coal Phase Out: Legitimizing Unjust Compensation?"
