IISD in the news

Could 'just transition partnerships' drive change in Latin America?

Originally created by the G7 forum of major economies – outside of UN climate negotiations – Just Energy Transition Partnerships were born as a broad financing package to accelerate the decarbonisation of the energy sector in countries highly dependent on fossil fuels, particularly coal. JETPs seek to provide support, tools and access to international funding in order to accelerate the energy transition. They also aim to increase the ambition of the partner countries' nationally determined contributions to the Paris Agreement on climate change for 2030, and reaffirm their commitments to be carbon neutral by 2050.

December 11, 2023