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Indonesia: 20 billion from G7 for coal phase-out

Indonesia wants to phase out coal – but this does not affect exports
The industrialized countries are helping Indonesia phase out coal to net zero in 2050 with 20 billion dollars. South Africa is the model for this “JETP” initiative for equitable energy transformation. But in Vietnam, India, and Senegal, the initiative is making little headway.
By
Bernhard Pötter
Image of Bernhard Pötter

The international energy transition has a new giant project: With billions in aid from the G7 countries, Indonesia wants to generate its electricity without coal by 2050. On Tuesday, Indonesian President Joko Widodo signed a 20 billion dollars Just Energy Transition Partnership with representatives of the International Partners Group (IPG). The goal is for the country to phase out coal and move into renewable energies.

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