Source link : https://news7.asia/technology/why-southeast-asia-must-take-the-lead-as-the-us-exits-just-energy-transition-partnerships/
The Biden administration’s recent decision to withdraw from the Just Energy Transition Partnerships (JETP) has sent ripples through the global climate community, raising questions about the future of clean energy financing. As the United States steps back from this critical initiative aimed at accelerating decarbonization in emerging economies, experts at the Lowy Institute argue that Southeast Asia must seize the moment to intensify its commitment to clean energy transitions. With the region’s energy needs poised for rapid growth amid mounting climate pressures, doubling down on green investments and regional cooperation could prove crucial in filling the void left by the U.S. exit.
US Withdrawal from Just Energy Transition Partnerships Signals Shift in Global Climate Diplomacy
The recent decision by the United States to withdraw from the Just Energy Transition Partnerships (JETPs) has sent ripples through the international climate arena, revealing a palpable shift in global energy diplomacy. This move not only complicates the financing and implementation of clean energy projects in emerging economies but also underscores growing tensions around the burden-sharing of climate action. The US exit signals a realignment where traditional Western leadership in climate finance faces new challenges, creating a vacuum that could be filled by other global players with divergent priorities.
For Southeast Asia, a region heavily reliant on fossil fuels yet brimming…
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Author : Atticus Reed
Publish date : 2025-09-11 15:17:00
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