Over 2.5 billion euro JETP for Senegal

The developed countries have signed the world’s fourth Partnership for a Just Energy Transition (JETP) with Senegal. It will not support controversial gas production. Instead, the JETP agreement is intended to finance renewables.

The next partnership between the Global North and the Global South (JETP) to support the energy transition has been concluded: As part of this partnership, Senegal will receive 2.5 billion euros for an ecologically and socially just energy transition. This was announced by Senegal in a joint declaration with the contracting partners on the sidelines of the summit for a new financial pact in Paris last week.

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