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

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.