Grants Only 1.4 Percent, Energy Transition Potentially Hampered
Of the total energy transition cooperation funding commitment of 21.5 billion US dollars, the grant portion is only 300 million US dollars or 1.4 percent. South Africa, which has a grant share of only 4 percent, has also received criticism.
The following article was translated using both Microsoft Azure Open AI and Google Translation AI. The original article can be found in Hibah Hanya 1,4 Persen, Transisi Energi Berpotensi Terhambat
The grant portion in the Just Energy Transition Partnership or Just Energy Transition Partnership/JETP is currently only 300 million US dollars or 1 .4 percent of the total committed funding which reached 21.5 billion US dollars. The portion of grants which is much smaller than loans is considered to have the potential to become a burden in implementing JETP.