Just Energy Transition Partnerships: An Opportunity to Leapfrog from Coal to Clean Energy

Delivering sustainable economic growth
Posted Dec 20, 2022 | International Institute for Sustainable Development

Given the technological improvements and substantial cost reductions in renewable and storage technologies over the past decade, renewable energy is increasingly cost-competitive. In some markets, these technologies are now cheaper than fossil gas infrastructure and the related running costs. Katherine Kramer suggests in her article for the International Institute for Sustainable Development that renewables represent a credible technical alternative to fossil gas and can better address other issues, including energy access, while not endangering the climate. The Just Energy Transition Partnership" (JETP) announced at the 26th UN Climate Change Conference of the Parties (COP 26) in Glasgow in 2021 should signal to the investment community that participating governments are committed to a global clean energy transition.



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