(Bloomberg) — Climate programs targeting about $45 billion in funding for emerging economies won’t be derailed by America’s decision to withdraw, according to analysts.
The US decision to exit from a leading role in Just Energy Transition Partnerships for South Africa, Indonesia and Vietnam will complicate financing efforts, but won’t halt the overall objectives of the deals, BMI, a unit of Fitch Solutions, said in a research note.
“Although we expect the loss of US funding in the JETP partnerships to be disruptive and potentially add further delays to these programs, we see other international partners stepping up to fill the…