The Clean Energy Transition Partnership was launched at COP26, where country and public finance institution signatories committed to transition our international public support towards the clean energy transition and out of unabated fossil fuels, within a year of signing the statement. This is critical to keeping 1.5 degrees within reach.

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The full statement on International Public Support for the Clean Energy Transition

Our joint action is necessary to ensure the world is on an ambitious, clearly defined pathway towards net zero emissions, that is consistent with the 1.5°C warming limit and goals of the Paris Agreement, as well as the best available science and technology. The measures taken are helping to stimulate sustainable, resilient and inclusive economic development around the world, while supporting a just transition for affected communities.

This is the first coalition and international political commitment of its kind. It is at the forefront of finding solutions to transitioning public support from fossil fuels to clean energy technologies.

We also have valued signatories that do not provide any overseas support in other countries but have joined to indicate their support for the CETP’s objectives and their interest in securing greater investment in clean energy.

Key elements of the CETP are reflected in the 2022 G7 commitment to “end new direct public support for the international unabated fossil fuel energy sector by the end of 2022”, and again in 2023 where G7 members committed to report on progress made.

Our objectives

Scale up the deployment of clean energy

by prioritising international public support for the clean energy transition.

End international support for the unabated fossil fuel energy sector

(except for limited circumstances) within a year of signing.

Raise the importance of shifting international public support towards clean energy,

by encouraging further governments and public finance institutions to join the Partnership and promote dialogue on the need to strengthen and deliver this through other multilateral governance frameworks.

Latest news

Scaling Up Support, Unlocking Investment

Report on scaling CETP member clean energy finance to emerging markets and developing economies (EMDEs).

Clean Energy Transition Partnership set out ‘Action Plan’ to scale up finance for clean energy at COP29

The CETP has today published its ‘Clean Energy Action Plan’, outlining bold steps for members and the Secretariat to take forward to enhance the quantity and quality of international public finance for clean energy into EMDEs.

Driving Momentum for a Faster and Fairer Transition: Insights from the CETP Ministerial Roundtable

Ministers and senior representatives from across the Clean Energy Transition Partnership (CETP) came together to discuss how the partnership can ramp up ambition, visibility, and collective progress toward aligning public finance with the goals of the Paris Agreement.

Norway and Australia set out implementation of their membership of the Clean Energy Transition Partnership (CETP), one year on from becoming new members at COP28

Norway and Australia have now published cross-government and department guidance for aligning all international public support towards clean energy and out of fossil fuels, joining the CETP’s 39 other members doing the same since the launch in Glasgow.

Public Finance in Action: Celebrating the publication of the CETP Clean Energy Action Plan

CETP members came together to underline the central role of public finance to accelerate the global energy transition at a packed event during the World Leaders Climate Action Summit at COP29 in Baku.

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