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The US has backed out of the Just Energy Transition Partnerships. Southeast Asia should double down – Lowy Institute

Source link : https://news7.asia/technology/the-us-has-backed-out-of-the-just-energy-transition-partnerships-southeast-asia-should-double-down-lowy-institute/

In a notable shift in international climate policy, the United States has opted to withdraw its support from the Just Energy Transition Partnerships (JETP), a collaborative initiative aimed at facilitating cleaner energy transitions in developing nations. This decision comes at a critical juncture for Southeast Asia, a region heavily reliant on fossil fuels and grappling with pressing environmental challenges. As the global community seeks to address climate change through innovative partnerships and investments, the Lowy Institute argues that Southeast Asian countries shoudl seize this moment to strengthen their commitment to sustainable energy solutions. With the U.S. stepping back, the onus now falls on regional leaders to double down on their efforts, harnessing both domestic initiatives and international cooperation to forge a resilient pathway toward a greener future.

US Withdrawal from Just Energy Transition Partnerships Signals Policy Shift

The United States’ recent withdrawal from the Just Energy Transition Partnerships (JETPs) has raised questions about the future of global energy cooperation, especially in Southeast Asia, where the need for sustainable energy solutions is critical. This shift indicates a retrenchment in U.S.foreign policy priorities, particularly in the context of climate initiatives that sought to empower developing nations in their transition to greener energy sources.Such a move places additional pressure on Southeast Asian nations to…

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Author : Isabella Rossi

Publish date : 2025-04-11 23:29:00

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