When it was announced in 2023 that the African Union would become a full member of the G20, I darkly joked on a podcast that the AU’s entry into the body could very well mark the moment the G20 lost its status as one of the most important global coordination forums. Mark my words, I said, soon The Economist will be like “Uhhh, the G20 is OVER – it’s the ...
Tag: Just Energy Transition Partnership (JETP
Related Posts
Indonesia Eyes 10 GW Nuclear by 2040, First Contracts in 5 Years: Prabowo Aide
Indonesia is preparing to launch its first nuclear energy program. This landmark shift could redefine Southeast Asia’s clean energy trajectory or expose the country to new geopolitical and environmental risks. The plan, unveiled by President Prabowo Subianto’s energy envoy Hashim ...
Indonesia Eyes 10 GW Nuclear by 2040, First Contracts in 5 Years: Prabowo Aide
Indonesia is preparing to launch its first nuclear energy program. This landmark shift could redefine Southeast Asia’s clean energy trajectory or expose the country to new geopolitical and environmental risks. The plan, unveiled by President Prabowo Subianto’s energy envoy Hashim ...
Will Trump’s Paris Exit Turn China Into Indonesia’s Climate Partner?
The Trump administration’s decision to withdraw from the Paris Accord has raised global climate uncertainty, but Indonesia could be ground zero for its geopolitical impact. This is because of the country’s Just Energy Transition Partnership (JETP) agreement with the G7. The $20 ...
Why the Africa-China Relationship Poses a Climate Challenge to Europe
Thinking about Africa in the context of the climate crisis makes for some cognitive dissonance. On the one hand, the continent’s massive potential for renewable energy, its stocks of critical minerals, and its storehouses of oil, gas, and coal make it a huge “ka-ching” in continental form. ...
West’s Delays in Financing Indonesia’s Just Energy Transition Provides New Opening for China
Indonesia decided last month to delay launching an investment plan for the $20 billion Western-sponsored climate funding, known as the Just Energy Transition Partnership (JETP). This delay shows us several things. First, the problematic nature of how our leaders are handling the issue of energy transition, and ...
How China’s Overseas Coal Plants in South and Southeast Asia Can be Retired Early
By Alex Clark Chinese public financial institutions have financed almost 40 gigawatts of coal-fired power generation capacity outside China in the last decade. These coal plants, located predominantly in Indonesia, Vietnam, and Pakistan, as shown below, and with an average ...
G7 Climate Diplomacy — Sweet Words, but Just Debt and Delays for the Global South
The last few weeks have made two things clear. First, the heat waves hitting the Global North have hammered home (yet again) that climate change is getting faster and more dangerous by the day. Second, despite calls from U.S. climate czar John Kerry to separate climate issues from ...
Why the G7’s Energy Offer to the Global South Could Backfire
2023 is on track to be the hottest year in recorded human history. The summer’s record heat waves, fires, and floods come as attempts by U.S. and Chinese lawmakers to restart talks about climate cooperation seem to be foundering on geopolitics. The ...