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View all search resultsTo accelerate implementation of the initiative, Indonesia will also revise the Comprehensive Investment and Policy Plan (CIPP), which is essentially a blueprint to carry out JETP investments to better align with the country’s economic condition, regulations and infrastructure.
The energy minister is touting coal as a renewed investment opportunity with solid potential, alleging that Trump's announcement on US withdrawal from the Paris Agreement had triggered a global about-turn in clean energy efforts.
Indonesia has already made impressive strides in climate adaptation, and with its abundant resources and historic leadership, this year presents a critical opportunity for it to take another big step forward in paving the way to both global and national prosperity, by embracing the global clean energy boom and leading climate finance.
President Prabowo Subianto’s administration has announced a series of ambitious energy transition pledges this year, including reviving early coal retirement plans and adding 75 gigawatts of new renewable energy capacity over next decade, but the year has also revealed serious impediments to this effort.
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