South Africa confirms US withdrawal of $1.5bn Just Energy Transition Partnership pledge

The Presidency has confirmed that it has been formally informed that the US has withdrawn from the Just Energy Transition Partnership (JETP), to which it had initially pledged more than $1.5-billion of grant and commercial funding. The Just Energy Transition Project Management Unit (JET PMU) indicated that the withdrawal was communicated on February 28 by the US Embassy, citing the executive orders issued by President Donald Trump on January 10 and February 7.