Report: Indonesia’s just energy transition partnership

Three people, silhouetted against a sunset, point to a row of wind turbines in Jeneponto Regency, South Sulawesi Province, Indonesia.
Bastian AS, Shutterstock

The Indonesia Just Energy Transition Partnership (I-JETP) is a landmark climate finance agreement reached between Indonesia and a group of advanced economies. Central to the deal, struck at the G20 summit in Bali in 2022, is a commitment to mobilise USD 20 billion in international public and private funding. These funds could act as an important first step for Indonesia’s long-term Just Energy Transition program, which is set to require more than USD 200 billion over the next 10 to 15 years. 

This new report explores whether – and how – the I-JETP can successfully mobilise the funding needed for a just energy transition in Indonesia.

Download the report

Download the press release

Launch webinar

Join us for a webinar to mark the launch of the report, where Philippe Benoit, report author and Research Director at Global Infrastructure Analytics and Sustainability 2050, will present key insights from his research. This will be followed by an expert panel discussion with Bhima Yudhistira, Executive Director of Center of Economics and Law Studies (CELIOS); Berliana Yusuf, Senior Analyst at Climate Policy Initiative; and Martha Maulidia, Energy Policy Researcher at International Institute for Sustainable Development (IISD). The panel will be moderated by Prilia Kartika Apsari, Researcher at the Indonesian Center for Environmental Law (ICEL). There will be 30 minutes for Q&A.

Simultaneous interpretation into Bahasa Indonesia will be provided during the webinar. 

When: 19th September 2023, 15:00-16:30 Jakarta / 10:00-11:30 Brussels / 04:00-05:30 New York.
Registration: Scan the QR code below, or register here.

Flyer for the webinar "Move the world's biggest climate financing deal forward: Can Indonesia's JETP deliver on its promise?"
Featuring photos of 5 speakers and a QR code that can be scanned to sign up.

Author: Philippe Benoit, Research Director, Global Infrastructure Analytics and Sustainability 2050 ([email protected])

Research contribution: Andri Prasetiyo, Asia Regional Researcher, Zero Carbon Analytics ([email protected])

Download Article as PDF

Share this article

Other recent publications:

Climate change requires a new approach from international financial institutions

Key points: The International Monetary Fund (IMF) and the Multilateral Development Banks (MDBs) play a crucial role in providing climate…

Read More >

Asia’s booming voluntary carbon market

Key points: Asian governments and companies are trying to keep up with the global trend of developing voluntary carbon markets…

Read More >