Regarding the withdrawal of the United States from the Just Energy Transition Partnerships with Indonesia, South Africa and Viet Nam, Development State Secretary Jochen Flasbarth made the following statement:

The United States announced its withdrawal from the Just Energy Transition Partnerships (JETPs) with Indonesia, South Africa, and Viet Nam. Despite this, Development State Secretary Jochen Flasbarth expressed confidence in the continuation of the JETPs, highlighting the growth of these partnerships. In South Africa, the JETP has expanded beyond initial agreements, even without US involvement. The focus remains on mobilizing private investment and creating a conducive environment for renewable energy, which is now often cheaper than fossil fuels. The International Partners Group for South Africa includes the UK, Germany, the EU, France, Denmark, and the Netherlands.

bmz.de · March 06, 2025