Climate Politics
US Retreat Sparks New Push to Save $45 Billion Climate Deals
Talks are aiming to sustain momentum in Just Energy Transition Partnership programs to help developing economies quit fossil fuels.
The Cirebon-1 coal-fired power plant in Cirebon, West Java, Indonesia.
Photographer: Muhammad Fadli/BloombergThis article is for subscribers only.
Nations including Germany and Japan are working to shore up programs aimed at delivering about $45 billion to help developing countries abandon fossil fuels as the US pulls back from a leadership role.
Talks between international partners are taking place seeking to sustain momentum in Just Energy Transition Partnership deals agreed under President Joe Biden’s administration that target Indonesia, Vietnam and South Africa, according to people familiar with the details.