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A new North-South climate cooperation mechanism: Just Energy Transitions Partnerships (JETP)

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Listed:
  • Minh Ha-Duong

    (CIRED - Centre International de Recherche sur l'Environnement et le Développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - Université Paris-Saclay - CNRS - Centre National de la Recherche Scientifique)

Abstract

Sixteen months ago at COP26, G7 countries launched a new kind of financial country platforms to support middle-income countries' energy transition: the Just Energy Transition Partnership (JETP). This presentation describes the JETP mechanism, reviews the lessons from the South Africa pathfinder and exposes the onging negociations with other countries. I focus on Vietnam to examine how the JETP pledges are a step up in the public and private financial flows into the energy sector, and a step up in domestic GHG emissions reduction goals. The discussion addresses the topics of Justice, Technology Transfer, Finance and China, before concluding with a summary of the vision implicit in the Vietnam's JETP political declaration.

Suggested Citation

  • Minh Ha-Duong, 2023. "A new North-South climate cooperation mechanism: Just Energy Transitions Partnerships (JETP)," Post-Print hal-04058057, HAL.
    • Handle: RePEc:hal:journl:hal-04058057
    as

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    Keywords

    JETP; Energy Transition; Climate Finance; G7;
    All these keywords.

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