Indonesia and the United Kingdom on August 4th agreed to extend the bilateral collaboration for clean energy transition with £6.5 million in new funding and technical assistance from the UK. The initiative aims to attract investment for renewable energy projects.
Named Mentari, which is the Indonesian acronym for “Towards Indonesia’s Energy and Low Carbon Transition”, this partnership was originally set to expire next year. However, during a visit by UK Energy Security and Net Zero Minister, Graham Stuart, it has been extended until 2027.
During a meeting with Energy and Mineral Resources Arifin Tasrif in Jakarta, Stuart said that UK companies plan “to bring world-leading innovations in clean energy here along with multi-billion dollar balance sheet”.
