The Cirata floating solar farm in in West Java. (Photo: PLN)
The Just Energy Transition Partnership (JETP) is a crucial source of funding for Indonesia’s coal phase-out efforts. Despite the U.S. stepping back from its leadership role under President Trump, Germany has confirmed it will take over that responsibility.
Additionally, the European Union and France have announced they will provide an extra €14.7 million (about 15.2 million USD) to assist Indonesia in developing renewable energy and accelerating its energy transition.
Germany assumes U.S. role, co-leads JETP with Japan
Germany's Federal Ministry for Economic Cooperation and Development issued a statement confirming that it will co-lead the JETP alongside Japan, ensuring the continuation of the $20 billion energy transition fund committed to Indonesia.
