US steps back from lead role in Indonesia’s JETP, Vietnam too?

The United States has announced that it will take a step back from its role as a lead partner in Indonesia’s Just Energy Partnership Agreement (JETP), the Jakarta Post has reported. Germany is set to take over the role with JETP Secretariat head Paul Butarbutar telling the publication this would not affect JETP funding.

This is relevant in that Vietnam also has a JETP agreement. It’s not clear, however, if there will be a similar announcement with respect to Vietnam with nothing reported in the local press as of writing.

That said, Vietnam’s JETP agreement seems to have mostly stalled anyway with a number of bureaucratic challenges blocking its implementation.

See also: Rethinking Financing Vietnam’s Clean Energy Transition

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