Climate finance continues to fall short of developed countries' commitments and developing countries' needs. Against this backdrop, the announcement of the Just Energy Transition Partnership (JETP) in South Africa offers the promise of a step change in climate action enabled by large volumes of concessional finance.
The JETP is a “country platform” for climate action. The idea of a "country platform" has been used in international development cooperation for some time to describe country-level coordination structures and processes that link international goals to domestic priorities, thereby both securing and directing international concessional finance.
However, the JETP has caught international attention because its scale and scope suggest the potential to deliver urgent national goals - reliable power, job creation, debt management - while slashing emissions from electricity generation.
Join us at 09:00 on 15 June 2022 to hear about the Just Energy Transitions Partnership from the South African Office of the Presidency, and from thought leaders in Egypt, India, Indonesia and Nigeria about what a country platform could look like in other emerging economies.