Just Energy Transition Partnerships at two: doctrine, executions and way forward

Minh Ha-Duong and Christophe Cassen ()
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Christophe Cassen: 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 nationale des ponts et chaussées - Université Paris-Saclay - CNRS - Centre National de la Recherche Scientifique

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Abstract: Since COP26, four Just Energy Transition Partnerships (JETP) political declarations have promised to mobilize billions of dollars to stimulate the energy transition in emerging markets. It is too early to judge the success of these four pilot partnerships. Implementation revealed many challenges, including the risk of being used for geopolitical purposes, hidden conditions, loss of confidence, and excessive debt. To mitigate these risks, JETPs should report results under the Paris Agreement transparency mechanisms, adopt widely accepted social and environmental standards, and reduce the share of sovereign debt in the package of measures while increasing the share of private finance.

Keywords: JETP; Energy transition; Emerging countries; Climate financing; North-South cooperation (search for similar items in EconPapers)
Date: 2024-01-18
New Economics Papers: this item is included in nep-ene and nep-env
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Working Paper: Just Energy Transition Partnerships at two: doctrine, executions and way forward (2024)
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