112 development of just and equitable laws, policies, and process interventions that eliminate entrenched vulnerabilities to climate change. Thus, States must recognize and address the existing inequalities and varying challenges in the transition to a net-zero carbon economy. Climate neutrality cannot take place at the expense of people.511 Green policy must put the citizen’s well-being at the heart of change because “if domestic and global policies are to achieve common goals, they must create not only a resilient economy but also a resilient society that leaves no one behind.”512 States must ensure a just transition towards an environmentally-sustainable economy that will guarantee “decent work for all, social inclusion and the eradication of poverty.”513 This is particularly true for oil-based economies and those with workforces relying on carbon-intensive industries and their supply chains. The Commission endorses the recommendation that States, in the transition to net-zero, engage with stakeholders in developing economic strategies that are fair, inclusive, and sustainable; and provide support to workers through the creation of local, inclusive and decent jobs.514 viii. Fulfill Climate Finance Commitments and Device New Mechanisms For Loss and Damage from Climate ChangeRelated Events Climate-resilient development “is enabled by increased international cooperation including mobilizing and enhancing access to finance, particularly for vulnerable regions, sectors and groups.”515 Accelerated financial support for developing countries, including “increased levels of public finance and publicly mobilized private finance flows from developed to developing countries in the context of the USD100 billion-a-year goal; increas[ing] the use of public guarantees to reduce risks and leverage private flows at 511 Mr. Mateusz Morawiecki, Prime Minister, Poland, Speech at the COP 26. 512 Id. 513 International Labour Organization, Guidelines for a Just Transition Towards Environmentally Sustainable Economies and Societies For All (2015), paras. 4 &15 (a). 514 The 2021 Declaration on Supporting the Conditions for a Just Transition Internationally for COP 26, available at https://ukcop26.org/supporting-the-conditions-for-a-just-transition-internationally. [hereinafter 2021 Declaration on Just Transition]. 515 IPCC, AR6, WGII, SPM, supra note 281 (D.5.2).

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