Political and economic realities stall Southeast Asia's Just Energy Transition Partnerships

Summary

The article examines why Just Energy Transition Partnerships (JETPs) in Southeast Asia, particularly in Indonesia and Vietnam, have stalled despite billions in pledged climate finance. It argues that the schemes have failed to account for the political and economic realities of recipient countries, including coal industry dependencies, energy security concerns, and local political dynamics. The piece critiques the top-down approach of international partners and highlights tensions between decarbonization goals and development priorities in emerging economies.