At the 14th G20 Clean Energy Ministerial Meetings, Indonesia stood with a group of countries that disagreed with a commitment to triple renewable energy capacity by 2030.
Indonesia is standing with a group of countries opposed to a joint Group of 20 commitment to triple renewable energy capacity by 2030, mainly because of concerns about financing and feasibility.
The Indonesian delegates to the 14th G20 Clean Energy Ministerial Meetings in Bambolim, India, were Energy and Mineral Resources Minister Arifin Tasrif and ministry special staffer Yudo Dwinanda Priaadi.
The latter confirmed to The Jakarta Post that Indonesia had rejected the 2030 proposal, saying that such a target could only be achieved if issues of accessibility, technology and financing were resolved.
He added that Indonesia had tabled those issues with the G20 last year. Indonesia chaired the G20 in 2022, before passing the torch to India. Brazil will lead the forum next year.
“When we are talking about such things, [they are related to financing]. That is important, so it becomes realistic, not just empty promises,” Yudo said on Monday.
“If you back us up with the US$100 billion you promised, we would welcome the plan to accelerate [the energy transition]. But if you’re only talking about targets without adequate financial resources, it’s not that we don’t agree, it’s just less [feasible],” he added.
He explained that Indonesia and other G20 member countries had been granted flexibility for setting their own road maps for the energy transition, because each had unique conditions in terms of resources, human capital and regulations.
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