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The United States has withdrawn from a climate agreement where rich nations have pledged billions of dollars to help a small group of developing countries switch from coal to green energy sources.

The initiative is intended to help emerging economies move away from coal and other non-renewable energy sources. View on euronews

The United States has withdrawn from the Just Energy Transition Partnerships (JETP), a multi-billion-dollar initiative launched in 2021 to help emergi.

A $9.3 billion climate deal rich nations struck with South Africa to help it transition to clean forms of energy will forge ahead despite the withdrawal of the US, with other partners remaining committed to it,