Glossary
This glossary has been developed to establish a shared conceptual foundation for all stakeholders operating in the fields of impact investing and the impact economy.
Impact investing, impact measurement and management, outcomes-based financing, and related concepts—which are increasingly used across finance, public policy, entrepreneurship, and social impact—are explained with reference to international frameworks while taking the Turkish context into account.
The aim is to create a consistent terminology across disciplines, reduce conceptual ambiguity encountered in practice, and support the wider adoption of impact-oriented approaches.
EYDK Dictionary
There are currently 4 names in this directory beginning with the letter J.
J
Just Transition
Just Transition refers to the process of shifting towards a low-carbon, environmentally sustainable and climate-resilient economy in a way that is fair, inclusive and socially equitable, particularly for workers, vulnerable groups, local communities and sectors most affected by the transition. It seeks to ensure that climate and sustainability policies do not exacerbate social inequalities, but instead actively mitigate social risks and enable affected populations to access new economic opportunities.
Just Transition Bonds
Just Transition Bonds are debt instruments issued to finance projects that support the transition to a low-carbon and sustainable economy while explicitly addressing the social and economic impacts of this transition. They aim to protect workers and communities affected by structural change, support reskilling and employment transition, and promote inclusive and equitable outcomes alongside environmental objectives.
Just Transition Elements
The core principles and components that ensure the economic, social and environmental impacts of the sustainability and low-carbon transition are managed fairly. These elements include protecting employment, creating new decent jobs, reskilling workers, supporting affected communities, reducing inequalities, strengthening local economies, ensuring stakeholder participation and fairly distributing the costs and benefits of the transition.
Just Transition Financing Vehicles
Just Transition Finance Instruments refer to financial mechanisms designed to support the fight against climate change and the transition to a low-carbon economy, while ensuring that the economic, social and environmental impacts of this transition are managed in a balanced and equitable manner. These instruments specifically aim to support workers, communities and sectors that may be adversely affected by the transition. They seek to ensure the fair sharing of transition costs by protecting employment, promoting skills development and reskilling, strengthening local economies, reducing social inequalities, and upholding the principle that “no one is left behind.” Instruments within this scope include, but are not limited to: Just Transition–themed bonds, social and sustainability bonds, publicly supported funds and grants, blended finance structures, energy transition funds and regional support programmes, impact-oriented investment instruments