TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

RI needs to look beyond JETP to pursue energy transition goals

Experts say Indonesia should consider looking for a helping hand from China, South Korea or Europe, in addition to the United States and Japan, which led the initiatives with the JETP.

Divya Karyza (The Jakarta Post)
Premium
Jakarta
Thu, June 27, 2024

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
RI needs to look beyond JETP to pursue energy transition goals FILE PHOTO: Smoke and steam billows from a coal-fired power plant owned by Indonesia Power on July 11, 2020, next to the Java 9 and 10 coal-fired steam power plant project in Suralaya, Banten province, Indonesia. REUTERS/Willy Kurniawan/File Photo (Reuters/WILLY KURNIAWAN)

I

ndonesia may need to look beyond the Just Energy Transition Partnership (JETP) to further its efforts to cut emissions from fossil fuels in the electricity sector, while also introducing more renewables to its grid.

Jakarta has said it would need at least US$97.3 billion worth of investment to achieve its target, nearly five times more than the funding promised by the JETP, which was launched in late 2022.

Experts say Indonesia should consider looking for a helping hand from China, South Korea or Europe, in addition to the United States and Japan, which led the initiatives with the JETP.

Fabby Tumiwa, the executive director at the Institute for Essential Services and Reform (IESR) told The Jakarta Post on June 21 that Indonesia must seek cooperation and should not be limited to working with only one country.

He added that the country needed new technology and investment to build the infrastructure required for the energy transition efforts.

“We must also work together with other countries,” Fabby said.

Prospects

Every Monday

With exclusive interviews and in-depth coverage of the region's most pressing business issues, "Prospects" is the go-to source for staying ahead of the curve in Indonesia's rapidly evolving business landscape.

By registering, you agree with The Jakarta Post's

Thank You

for signing up our newsletter!

Please check your email for your newsletter subscription.

View More Newsletter

Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan held a bilateral meeting with China’s Foreign Minister Wang Yi on June 13, and the two underlined the importance of strengthening partnerships in green development.

to Read Full Story

  • Unlimited access to our web and app content
  • e-Post daily digital newspaper
  • No advertisements, no interruptions
  • Privileged access to our events and programs
  • Subscription to our newsletters
or

Purchase access to this article for

We accept

TJP - Visa
TJP - Mastercard
TJP - GoPay

Redirecting you to payment page

Pay per article

RI needs to look beyond JETP to pursue energy transition goals

Rp 29,000 / article

1
Create your free account
By proceeding, you consent to the revised Terms of Use, and Privacy Policy.
Already have an account?

2
  • Palmerat Barat No. 142-143
  • Central Jakarta
  • DKI Jakarta
  • Indonesia
  • 10270
  • +6283816779933
2
Total Rp 29,000

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.