Germany affirms resilience of energy transition partnerships after U.S. withdrawal
威力彩玩法 / Reuters
The German state secretary Jochen Flasbarth the government regretted the U.S. withdrawal from international partnerships to support major global polluters鈥� socially just move away from coal, the so-called Just Energy Transition Partnerships.
鈥淎t the same time, we are convinced that the work of the energy transition partnerships can be continued successfully,鈥� said Flasbarth. 鈥淚t is now paying off that the responsibility has been distributed among so many different partners.鈥� U.S. treasury secretary Scott Bessent has withdrawn the U.S. from JETP agreements with South Africa, Indonesia and Vietnam, .
To push forward the climate-friendly transition in emerging nations through financial as well as technical support and capacity building, the COP26 UN climate change conference in Glasgow in 2021 birthed the world鈥檚 first JETP. The U.S., the UK, France, Germany and the European Union had joined together and to help the country move away from coal.聽
鈥淪ince their establishment, the partnerships have grown and, in the case of South Africa, have already achieved a greater volume than was agreed when they were founded in 2021, even without the USA,鈥� Flasbarth said, adding that private capital also played a major role.
JETPs exist for South Africa, Indonesia, Vietnam and Senegal. At the UN climate change conference COP29 in Baku last year, the German state secretary confirmed that India and donor countries had decided not to pursue plans for a transition partnership.
