Billions in U.S. Funding Hasn't Convinced Developing World to Ditch Coal
South Africa and Indonesia, among the world's most coal-hungry economies, are backtracking on commitments they made to burn less of the fuel under agreements known as Just Energy Transition Partnerships, or JETPs, which offered them $28.5 billion from the U.S. and other wealthy nations. Officials are working to prevent the agreements from falling apart as governments convene in Dubai for COP28, the annual United Nations climate summit.
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