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Indonesia to unveil $20 billion energy transition investment plan next month

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Indonesia plans to unveil its $20 billion energy transition investment plan on November 1, according to an official, just days before the United Nations COP28 climate summit as Jakarta works to address issues related to funding and the energy mix for the initiative.

Officials had initially planned to begin the Just Energy Transition Partnership (JETP) project in the middle of August, but this was delayed due to issues ranging from differences on funding details to the extent of Indonesia's reliance on coal for electricity.

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