Utilising Recognition Justice to Bridge Climate and Energy Financing Gaps in the Global South

This chapter discusses the critical issue of climate and energy financing shortfalls in the global south. It emphasises the urgent need for investment in electricity and sustainable fuels for millions of underprivileged and vulnerable communities to meet the Sustainable Development Goals by 2030. It envisions that, through recognition justice, energy justice could help bridge this gap by helping realign the global financing priorities to help navigate energy financing deficits in the global south. It argues that recognition justice aims to acknowledge and rectify historical injustices in the energy transition and emphasises the need to prioritise funding for marginalised communities. The article identifies barriers to equitable energy financing, such as high up-front costs, lack of supporting legal frameworks, and state fragility. It concludes that recognition justice can play a crucial role in overcoming these obstacles, fostering a just transition to a low-carbon economy, and ensuring that the benefits of clean energy reach all sectors of society in the global south and that the energy funding needs of the disadvantaged groups are prioritised.