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A new climate of trust-building

The world’s top industrial nations put the finishing touches on a $15.5 billion deal last week to help Vietnam shift toward a greener energy future. The agreement follows similar plans already reached with two other coal-dependent nations, South Africa and Indonesia.

These “Just Energy Transition Partnerships” harness public and private funding to achieve a shared benefit, in this case reduced greenhouse gas emissions. What they reflect, however, may be even more important than what they do. In a period of persistent distrust within and among nations, they help show how humanity is forging new bonds of cooperation amid common threats.

“The present period of polycrisis has provided multiple tests for the concept of global trust,” the Edelman Trust Institute observed in a year-end collection of short essays on restoring trust. “History suggests that some of the most important steps forward in global cooperation came even at moments when trust was difficult to come by, and that these joint actions helped rebuild trust.”

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