JETPs and the Role of Multilateral Development Banks in Shaping and Driving the Just Energy Transition

This event will be hosted in-person at CGD's DC office: 2055 L St NW, 5th floor, Washington, DC 20036

The Just Energy Transition Partnerships (JETPs) of the International Partners Group (IPG) for South Africa, Indonesia, and Viet Nam are spearheading the novel approach to climate action to support developing countries’ transition out of a deep coal dependency, rooted in the realities of their respective energy systems in a way that is just and inclusive, contributes to economic diversification, drives innovation and decent job growth, and is aligned with their respective Sustainable Development Goals (SDGs). But there are concerns how these partnerships can address effectively challenges in terms of partner countries’ readiness, availability of sufficient concessional resources, and private capital mobilization. 

On the sidelines of the Spring Meetings of the World Bank and IMF, CGD will host a panel discussion on critical success factors for a just energy transition and how MDBs can support the JETP process. Featuring policymakers and leaders from JETP countries, the IPG, multilateral development banks (MDBs), and the Glasgow Financial Alliance for Net Zero (GFANZ), the panel will conclude with recommendations for improvements of JETPs, the reform agenda of MDBs, and important complementary policy and regulatory reforms in partner countries.

Refreshments will be provided. For a full list of CGD Spring Meetings events, click here.