1. Themes
  2. Country-led Initiatives
  3. Just Energy Transition Partnerships (JET-Ps)

Just Energy Transition Partnerships (JET-Ps)

Just Energy Transition Partnerships (JET-Ps) are a structure for accelerating the phase-out of fossil fuels in emerging markets and developing economies, which coordinate financial resources from developed countries and the private sector to partner recipients.

2030 Goals

01

Learning from the current process, effectively scale JETPs as transformational plans for decarbonization that include stakeholders from across the domestic and international system while embedding them within broader country-led financing frameworks.

02

Use the experience gained from the initial group of countries to ensure the challenges encountered are mitigated, as JETPs are extended to other economies.

03

Determine how JETPs can be used to enable other revenue streams, for example private sector financing and carbon markets, and how these relate to transition financing. Explore additional focus areas within JETPs, such as Just Adaptation and Resilience Transition Plans, to ensure a comprehensive approach that integrates mitigation, adaptation, and resilience

04

Explore additional focus areas within JETPs, such as Just Adaptation and Resilience Transition Plans, to ensure a comprehensive approach that integrates mitigation, adaptation, and resilience.

Status

Moderate Progress

Four JETPs have been announced to date, with a variety of lessons learned from the development and initial implementation of each. They remain a high-potential source of both public and private financing for early coal phaseout in EMDEs, where domestic financing alone cannot cover the infrastructure burdens of changing to a cleaner energy mix.

An important aspect to engage with is benefit and/or revenue sharing models for impacted communities. This is poorly understood, and there are few models of operationalization. An important aspect to engage with is benefit and/or revenue sharing models for impacted communities. This is poorly understood, and there are few models of operationalization. JETP Indonesia announced the operationalization of its Just Transition Framework, emphasizing on the Economic Diversification and Transformation as the approach to mitigate risks for vulnerable stakeholders and communities, ensuring the transition creates new, sustainable economic opportunities while moving away from coal-dependent growth.

The United States withdrew from the JETP in February 2025, but other partners reaffirmed their commitment. Discussions for potential future JETPs have involved countries like the Philippines and Colombia.

Leading Actors

Cooperation is required between these actors and audiences to drive progress foward in Just Energy Transition Partnerships (JET-Ps).

Private FIs

Citigroup

Private FIs

HSBC

Private FIs

Bank of America

Multilateral Development Banks

Agence Française de Développement (AFD)

Public FIs

KfW (Germany)

Public FIs

Development Bank of Southern Africa

Multilateral Development Banks

Asian Development Bank (ADB)

Multilateral Development Banks

African Development Bank (AfDB)

International Organizations

International Partners Group (IPG- members: Canada, Denmark, France, Germany, Italy, Japan, Norway, The Netherlands, UK, US).

Leading Countries

Indonesia

Leading Countries

Senegal

Leading Countries

South Africa

Leading Countries

United Arab Emirates

Alliances

Glasgow Financial Alliance for Net Zero (GFANZ)

Supportive Stakeholders

South Africa PCC

Supportive Stakeholders

Green Cape Development Agency

Supportive Stakeholders

National Business Initiative

Supportive Stakeholders

Rockefeller Foundation

Supportive Stakeholders

The Environmental Defense Fund

Key Milestones

Showcasing the key reform milestones for Just Energy Transition Partnerships (JET-Ps) that have been addressed at global events.

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Washington, DC

WBG/IMF Annual Meetings

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  • Country Platforms

    Country platforms were discussed as effective tools to coordinate concessional finance, reforms, and investment under national leadership. They were highlighted as a way to enhance efficiency, reduce fragmentation, and strengthen the impact of climate and development finance.

  • Just Energy Transition Partnerships (JET-Ps)

    Discussions highlighted Just Energy Transition Partnerships as examples of country-led financing approaches supporting equitable energy transitions.

Learn More

Publications and educational material to deepen understanding of Just Energy Transition Partnerships (JET-Ps).

Taking stock of Just Energy  Transition Partnerships

Just Energy Transition Partnerships (JET-Ps)

A review of Just Energy Transition Partnerships in South Africa, Indonesia, Vietnam and Senegal, and prospects for country sector platforms.

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What are JETPs? (Just Energy Transition Partnerships)

Just Energy Transition Partnerships (JET-Ps)

Text from the Institute for Human Rights and Business explaining what Just Energy Transition Partnerships (JETPs) are, outlining their objectives, structure, and relevance for supporting energy transitions in developing and emerging economies.

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Joint article on Just Energy Transition Partnerships

Just Energy Transition Partnerships (JET-Ps)

Text from the European Commission that explains the role of Just Energy Transition Partnerships (JETPs) as a key instrument of international climate cooperation. It outlines the objectives of JETPs, their governance structure, and their role in supporting partner countries’ energy transitions, with emphasis on policy reform, investment mobilization, and alignment with national development and climate goals.

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The Just Energy Transition Partnership Crossroads

Just Energy Transition Partnerships (JET-Ps)

Text from the Carnegie Endowment for International Peace that analyzes Just Energy Transition Partnerships (JETPs) at a critical juncture, assessing their progress, limitations, and political economy challenges. It examines gaps between commitments and delivery, governance and financing constraints, and the implications for scaling JETPs and sustaining credibility in partner countries.

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Related Topics

Just Energy Transition Partnerships (JET-Ps) | Climate Finance Reform Compass