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Magid Magid: 'Despite the apparent novelty of the partnerships, they rigidly conform to the broken status quo in the most important respects: being predicated on a loan-based financing system' (Photo: European Parliament)

The failure of the Just Energy Transition Fund in South Africa

Unveiled at COP26, the G7-led Just Energy Transition Partnerships (JETPs) promised to offer a new model of international cooperation towards decarbonisation — indeed, European Commission president Ursula von der Leyen, one among the International Partners Group (IPG) of financiers, touted the initial partnership as "a global first [which...

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The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Magid Magid is a former Green MEP from the UK, who now runs the Union of Justice, campaigning for racial and climate justice.

Magid Magid: 'Despite the apparent novelty of the partnerships, they rigidly conform to the broken status quo in the most important respects: being predicated on a loan-based financing system' (Photo: European Parliament)

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Author Bio

Magid Magid is a former Green MEP from the UK, who now runs the Union of Justice, campaigning for racial and climate justice.

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