PLTU Indramayu in Indonesia. (Photo: Wikimedia Commons)
After nearly 18 months, Indonesia's efforts to expedite its shift towards clean energy are stalling, with minimal progress made in phasing out coal plants.
Indonesia’s Joint Energy Transition Partnership, or JETP, was announced in November 2022. It promised $20 billion in financial support, with pledges led by the U.S. and Japan, along with other high-income economies and the private sector to transition the country away from coal.
Slow progress
Melinda Martinus, a researcher at the ISEAS-Yusof Ishak Institute, said that “JETPs prioritize assisting developing countries in transitioning away from coal, given that coal fired electricity generation is the main contributor to carbon emissions in the power sector.”
Indonesia's JETP goals include shifting the country's projected emissions peak forward to 2030, reducing the power sector's emission cap, advancing the power sector's net-zero emissions target by 10 years, and accelerating renewable energy deployment to at least 34% of all power generation by 2030.
