Indonesia has pocketed in mid-November USD 20 billion from International Partners Group (IPG) during the Partnership for Global Infrastructure and Investment (PGII) event at the G20 Summit in Bali.
At the summit, the Indonesia Just Energy Transition Partnership (JETP) was launched with the support of countries including the United States, Japan, Canada, Denmark, France, Germany, Italy, Norway, and the United Kingdom. The programme seeks to help Indonesia develop a comprehensive investment plan to meet its climate and energy goals, drive up renewable energy generation, invest in communities and workers and reduce emissions while enhancing security, according to The White House release.
Private sector needs assurance
Trissia Wijaya, a researcher at the Center for Indonesian Policy Studies (CIPS), assessed that such direct investment from JETP members will require active involvement…
Indonesia’s bumpy clean energy transition
