The investment plan mirrors the model of Just Energy Transition Partnerships (JETPs) – and includes $8.5 billion to conserve and restore nature
Stuttering shift away from coal could pick up pace as new faces enter an unprecedented coalition government
Vietnam’s just energy transition partnership plan has no timeline for retiring coal, as backers offer mainly commercial loans, not grants
After its pleas for grants not loans fell mostly on deaf ears, Indonesia has watered down its plans to shut coal power plants early
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The launch of the Jetp investment plan has been hampered by disagreements over funding and technical challenges
European nations and Canada have promised to contribute $2.7 billion to Senegal – although details of this support remain unclear
A Vietnam government partner suggested that even Hanoi is unaware of the details of the energy transition package
They won’t reveal who is paying what or how it will be spent and one bank said their $1bn contribution is just something they’re “willing to consider”
Outgoing chief Andre De Ruyter survived an attempt on his life last month, as coal-friendly minister Gwede Mantashe took control of Eskom
Rich countries have been discussing “just energy transition partnerships” with South Africa, Indonesia, Vietnam, India and Senegal
A leaked summary shows Germany and France are providing cheap loans while the UK is making the biggest contribution to mobilise private finance
Insiders say less than 3% of the money rich countries promised is earmarked as grants, raising concerns about fairness and South Africa’s debt burden