Just Energy Transition Partnership grants and country platforms: lessons from Indonesia and South Africa

Sangeeth Selvaraju, Anisa Pratiwi, Laura Sabogal Reyes and Victor Ahlgren

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Just Energy Transition Partnerships (JETPs) are political agreements between a group of donor countries and an emerging economy partner country to mobilise and coordinate public and private finance to support a just energy transition. When they were initially launched in 2021 they represented a turning point in international climate finance towards a more comprehensive, country-led approach linking emissions mitigation with social equity in coal-dependent economies. However, their disproportionate reliance on loans has been suggested to have put the ‘just’ component of the transition at risk, particularly in countries already grappling with mounting debt and fiscal constraints. Country platforms build on the ambitions of JETPs in mobilising and coordinating public and private finance to support a just energy transition while placing greater emphasis on country ownership, coherence, and integration into long-term development and climate objectives. This report analyses the grant distribution of JETPs in Indonesia and South Africa to support future country platform design.

Keywords: development finance; energy; industry; global; financial instruments and strategies; policy (search for similar items in EconPapers)
JEL-codes: F3 G3 J01 N0 R14 (search for similar items in EconPapers)
Pages: 49 pages
Date: 2025-11-24
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