Why the Iran–US war-induced oil shock strengthens the case for a just transition
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The just energy transition is typically framed around managing the social and economic implications of decarbonisation but the recent oil price volatility caused by the war between Iran and the US has highlighted a more immediate and pressing reality: beyond climate change mitigation, ensuring a just transition is a core strategy for reducing exposure to external shocks, stabilising macroeconomic outcomes and limiting inequality during crises, write Sherillyn Raga and Anisa Pratiwi in this commentary for the Just Transition Finance Lab.