The United States and Indonesia have agreed on a framework for accelerating the latter’s renewable energy deployment this decade following a meeting between the US Special Presidential Envoy for Climate John Kerry and Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan on Thursday.
he United States and Indonesia have agreed on a framework for accelerating the latter’s renewable energy deployment this decade following a meeting between US Special Presidential Envoy for Climate John Kerry and Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan on Thursday.
The agreement came as Japan and other country partners mobilized significant public and private finance for investment in Indonesia’s energy transition, the US embassy in Indonesia said in a statement issued on Friday.
Both Kerry and Luhut discussed the urgency of decarbonizing energy systems by accelerating the shift from coal to renewable electricity generation while strengthening efforts to reach universal, affordable and reliable access to energy, it added.
Kerry, who traveled to Bali on Aug. 30 to attend the Group of Twenty (G20) Climate and Environment Ministerial Meeting, expressed US commitment to mobilize finance in support of the transition.
“The US is committed to working with other country partners to mobilize investments in support of Indonesia’s energy transition,” Kerry said as quoted in the statement.
“Indonesia has great potential. The creation of jobs in the new energy sector shows that the use of fossil energy is not for the future; the transition needs to start immediately.”
Indonesia is chairing the G20’s biggest economies this year and will host the grouping’s summit in November.
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