India, Nov. 21 -- On the final scheduled day of COP30 (November 21), the Presidency released a strengthened draft of the UAE Just Transition Work Programme (JTWP) under the Paris Agreement, proposing a new Just Transition Mechanism that could become a major institutional anchor for global climate transitions. The mechanism is intended to boost international cooperation, technical assistance and capacity-building for countries navigating the social and economic transformations required by climate action.

Yet even as the draft advances the architecture of just transition, it stops short of meeting the central demand of developing nations: predictable, additional finance. Despite noting the widening adaptation finance gap and mounting debt ...