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International Business Times
International Business Times
Science

South Africa, Indonesia Say US Withdrawing From Climate Finance Deal

South Africa generates most of its electricity through coal (Credit: AFP)

The United States has pulled out of a climate funding deal struck by rich nations to help their developing counterparts transition to clean energy, the programme's first beneficiary South Africa and Indonesia said Thursday.

The so-called Just Energy Transition Partnerships (JETP) are ambitious financing deals between a small group of wealthy countries and emerging economies to help them ditch planet-polluting coal.

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