Welcome to the latest episode of Shaken Not Burned.

In order to transition the global economy to a more sustainable basis, we have to reshape economic systems to balance growth with environmental protection and social equity – and that means putting people at the heart of that transformation.

The just transition is about ensuring that nobody is left behind; it's about upholding human rights, minimising negative impacts on workers, and boosting equality and opportunity. 

In this week’s episode, Giulia interviews Gosbert Chagula MBE, co-founder and head of programmes at the Startup Discovery School. He also sits on the UK Department of Business and Industrial Strategy’s SME Engagement Group, which advises the government on issues and opportunities relating to entrepreneurship and small business.

Giulia and Gosbert discuss the role of entrepreneurship in driving the transition, the implications of climate justice, and the effectiveness of global events, such as the World Economic Forum in Davos, in fostering action and championing diversity. 

Financial inclusion is going to be crucial if we’re going to successfully address global challenges, because it ensures that everyone – especially marginalised communities, small businesses, and workers in high-risk industries – has the financial resources and opportunities to adapt, innovate, and thrive in a more sustainable economy. 

Gosbert provides examples of good practices in the private and public sector, concluding with his recommendations for governments looking to implement the just transition. Because not everyone holds the same power: those who do will need to lift the others up.

Reading materials:

• Definition, history, and principles of the just transition 

• Gosbert’s opinion piece on the World Economic Forum’s diversity problem

• Startup Discovery School’s impact report

• UK climate tech investment surges almost 25%: PwC

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