JETP

G7 offer Vietnam 15 billion dollars for coal phase-out

By Nico Beckert

Indonesia: 20 billion from G7 for coal phase-out

The industrialized countries are helping Indonesia phase out coal to net zero in 2050 with 20 billion dollars. South Africa is the model for this "JETP" initiative for equitable energy transformation. But in Vietnam, India, and Senegal, the initiative is making little headway.

By Bernhard Pötter

South Africa: Coal phase-out costs $14 billion annually

The coal phase-out in South Africa is seen as a test case of how industrialized countries can help emerging economies with rapid and socially cushioned climate protection. A year ago, the Europeans and the USA promised the African state $8.5 billion for the Just Transition Energy Partnership. So far, costs and details have remained vague. Now South Africa has presented its price tag for the green transition.

By Bernhard Pötter