The Just Energy Transition Partnership (JETP) with Senegal is a country-level climate finance arrangement announced on 22 June 2023 at the Summit for a New Global Financing Pact in Paris. Under the deal, an International Partners Group (IPG) composed of France, Germany, the European Union, the United Kingdom and Canada committed to mobilise €2.5 billion over 2023–2028 in a mix of grants, concessional loans and private-sector finance to support Senegal's energy transition.
The headline target is to raise the share of renewable energy in Senegal's installed electricity capacity to 40% by 2030, up from roughly 30% at the time of signing. The partnership is intended to support grid modernisation, integration of variable renewables, expansion of rural electrification, and the development of a domestic green-industry workforce. Unlike the earlier JETPs with South Africa (2021) and Indonesia (2022), the Senegal package explicitly accommodates the country's plans to monetise newly developed natural gas resources as a transition fuel, a point that drew criticism from some climate NGOs.
Key features:
- Lead negotiator on the Senegalese side: the government of President Macky Sall at signing; subsequent implementation has continued under successor administrations.
- Governance: a joint secretariat coordinates between the IPG and Senegalese ministries; an Investment Plan is expected to detail project-level allocations.
- Comparison: Senegal is the fourth JETP recipient after South Africa, Indonesia and Vietnam, and the first in francophone Africa.
JETPs are non-binding political declarations rather than treaties, and disbursement depends on individual donor processes and project pipelines. Civil-society groups have flagged concerns about the grant-to-loan ratio, the inclusion of gas, and the degree to which affected workers and communities are consulted in line with the "just transition" label.
Example
In June 2023, Senegal and the International Partners Group announced a €2.5 billion JETP at the Paris Summit for a New Global Financing Pact, targeting 40% renewables in installed capacity by 2030.
Frequently asked questions
€2.5 billion over 2023–2028, combining grants, concessional loans and private finance from France, Germany, the EU, the UK and Canada.
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