Summary
The U.S. has withdrawn from the $9.3 billion Just Energy Transition Partnerships (JETP), which supports developing nations like South Africa and Indonesia in transitioning to clean energy.
The decision, reportedly linked to a Trump executive order, cancels U.S.-funded grants and disrupts transition studies. Other partners, including the EU and UK, remain committed.
Critics call the U.S. exit “regrettable,” warning it may slow global decarbonization efforts in emerging economies.
Let me guess, all the money instead enters the pockets of Trump and his oligarch friends?
How did you know???
Lucky guess!