Endorse the following voluntary principles to promote clean, sustainable, just, affordable and inclusive energy transitions in line with SDG7

 

The G20's role is crucial in shaping the global discourse on just and inclusive energy transitions, drawing on the diverse energy landscapes and potential of its member nations. It can help ensure that the global energy transition reflects the needs and priorities of all countries, including those in the Global South. In 2024, supported by the G20 Brazil Presidency and coordinated with the UN-Energy, an Energy Compact was launched based on the “Principles for Just and Inclusive Energy Transition” developed by the Energy Transition Working Group. The Compact targets additional signatories as a way for countries to demonstrate their commitment and leadership towards a just and inclusive energy transition. With the aim of leaving no one behind, we endorse the following voluntary principles to promote clean, sustainable, just, affordable and inclusive energy transitions in line with Sustainable Development Goal 7 (SDG7), the Paris Agreement and the "Outcome of the First Global Stocktake" adopted at the 28th UN Climate Change Conference.

Principle 1 - Energy planning for just and inclusive energy transitions.

Principle 2 - End energy poverty.

Principle 3 - Social dialogue and stakeholder participation.

Principle 4 - Social protection.

Principle 5 - Policy inclusiveness.

Principle 6 – Respect rights.

Principle 7 - Invest in affordable and reliable solutions for just and inclusive energy transitions.

Principle 8 - Implement secure and sustainable solutions.

Principle 9 - Sustainable and inclusive economic growth for all.

Principle 10 - Quality jobs and workforce development.