The National Schools of Community Networks were a collective capacity and movement building effort for the creation, development and consolidation of community networks in five countries: Brazil, Indonesia,

Today’s newsletter looks at the state of climate finance initiatives around the world following news the US has pulled out of major green transition deals in South Africa and Indonesia. You can also read and share these stories on Bloomberg.

Since President Donald Trump returned to office in January, Washington has slashed foreign aid and championed development of fossil fuels. The U.S. state department did not immediately respond to a request for comment. The sources declined to be named as they were not authorised to speak on the matter.

WASHINGTON : The US is withdrawing from the Just Energy Transition Partnership (JETP), a collaboration between richer nations to help developing countries transition from coal to cleaner energy, the US treasury department said on Thursday. Reuters reported on the withdrawal on Wednesday, based on several sources in key participating countries.

The US's withdrawal from the Just Energy Transition Partnership raises concerns over South Africa's electrification initiatives and broader energy transition commitments.