The Joint SDG Fund's Just Energy Transition portfolio is a strategic investment promoting a just, green, and equitable energy future. In 2024, it allocates $6.3 million across 25 joint programmes, providing up to $250,000 per country for a maximum 12-month implementation period. The initiative aligns with the UN system-wide push for third-generation national climate plans (NDCs 3.0) due in 2025, strengthening collective efforts to enhance countries' climate commitments while ensuring sustainable energy transitions.
The energy transition strategy focuses on three primary objectives: incubating transformative solutions, supporting catalytic initiatives such as Technology Needs Assessments and long-term energy strategies, and accelerating progress in the just, green, and equitable energy transition journey. The timing is strategic as countries review and design their NDCs 3.0, allowing the funding to support the design and delivery of NDC priorities within the energy transition context.
