{"id":1324,"date":"2023-11-23T14:47:43","date_gmt":"2023-11-23T07:47:43","guid":{"rendered":"https:\/\/ambjakarta.esteri.it\/?p=1324"},"modified":"2023-11-23T15:58:44","modified_gmt":"2023-11-23T08:58:44","slug":"indonesia-just-energy-transition-comprehensive-investment-and-policy-plan-launched","status":"publish","type":"post","link":"https:\/\/ambjakarta.esteri.it\/it\/news\/dall_ambasciata\/2023\/11\/indonesia-just-energy-transition-comprehensive-investment-and-policy-plan-launched\/","title":{"rendered":"Indonesia Just Energy Transition Comprehensive Investment and Policy Plan Launched"},"content":{"rendered":"<p><span style=\"text-decoration: underline;\"><strong>Joint Statement<\/strong><\/span><\/p>\n<p><span lang=\"EN-US\" xml:lang=\"EN-US\">The International Partners Group (IPG), co-led by the United States of America and Japan and comprised of Canada, Denmark, the European Union, the Federal Republic of Germany, the French Republic, Norway, the Republic of Italy, and the United Kingdom of Great Britain and Northern Ireland, jointly welcome the launch of Indonesia\u2019s Just Energy Transition Partnership (JETP) Comprehensive Investment and Policy Plan (CIPP).<\/span><\/p>\n<p><span lang=\"EN-US\" xml:lang=\"EN-US\">Launched in Jakarta today, the CIPP is a roadmap for the government of Indonesia and the IPG to achieve the objectives laid out in the JETP Joint Statement, announced at the G20 Leaders\u2019 Summit last year in Bali.\u00a0 Under the Joint Statement, Indonesia committed to limit emissions, accelerate renewable energy development, and set a goal to achieve net zero emissions in the power sector by 2050.\u00a0 To support these ambitious targets, the IPG committed to mobilise $10 billion in financing and the Glasgow Financial Alliance for Net Zero (GFANZ), a global coalition of leading financial institutions committed to accelerating the net zero transition, committed to mobilising and facilitating another $10 billion in financing.<\/span><\/p>\n<p><span lang=\"EN-US\" xml:lang=\"EN-US\">The culmination of a year\u2019s worth of work, the CIPP maps out a technical pathway for Indonesia\u2019s power sector, recommends policy changes needed to successfully transition the power sector, and outlines a just transition plan.\u00a0 It also serves as the basis to drive the $20 billion in JETP financing toward specific projects and priorities for Indonesia\u2019s energy transition.<\/span><\/p>\n<p><span lang=\"EN-US\" xml:lang=\"EN-US\">The CIPP technical pathway focuses initially on Indonesia\u2019s on-grid power sector.\u00a0 Under the CIPP technical pathway for the on-grid system, Indonesia\u2019s on-grid system will emit no more than 250 MT CO<sub>2<\/sub>, down from a baseline of 305 MT, and will achieve 44% renewable energy generation share by 2030.\u00a0 The partnership will work together to complete an analysis of Indonesia\u2019s off-grid power sector in the coming months. \u00a0This analysis will serve as the basis for implementing the necessary measures to achieve a comprehensive energy transition.<\/span><\/p>\n<p><span lang=\"EN-US\" xml:lang=\"EN-US\">The $20 billion funding package will be disbursed through various mechanisms, including via grants, concessional and non-concessional loans, and investments, and guarantees. The IPG&#8217;s funding will direct support toward the priorities and projects identified in the CIPP, including renewable energy deployment; transmission and grid build out; managed phaseout and reduction in emissions from coal plants; and just transition initiatives.<\/span><\/p>\n<p><span lang=\"EN-US\" xml:lang=\"EN-US\">As next steps, the Indonesian government and the IPG, supported by the JETP Secretariat, will continue to work together to implement the CIPP.\u00a0 The IPG and GFANZ investors are actively working to direct financing towards potential JETP projects, and Indonesia\u2019s implementation of the CIPP\u2019s policy recommendations will enable the business environment for renewable investments. \u00a0These combined efforts are designed to help catalyse additional investments in Indonesia\u2019s energy transition and spark a boom in Indonesia\u2019s renewable energy sector.<\/span><\/p>\n<p><strong><span lang=\"EN-US\" xml:lang=\"EN-US\">Kanasugi Kenji<\/span><\/strong><span lang=\"EN-US\" xml:lang=\"EN-US\">, Ambassador of Japan to Indonesia said: \u201cJapan welcomes the release of the Comprehensive Investment and Policy Plan, which shows an ambitious pathway towards the net zero. The Just Energy Transition Partnership will promote Indonesia&#8217;s clean energy and economic development, which will also contribute to more sustainable, more prosperous and inclusive global economies and societies. Japan will continue to co-lead this JETP with the U.S., in coordination with the other partner countries, to support Indonesia&#8217;s realistic but ambitious decarbonisation transition, while respecting Indonesia&#8217;s country ownership. Japan will continue to contribute to global decarbonisation efforts through various initiatives including JETP.\u201d<\/span><\/p>\n<p><strong><span lang=\"EN-US\" xml:lang=\"EN-US\">Michael F. Kleine<\/span><\/strong><span lang=\"EN-US\" xml:lang=\"EN-US\">, Charg\u00e9 d\u2019Affaires, Embassy of the United States to Indonesia said: \u201cIndonesia\u2019s roadmap to reducing carbon emissions \u2013 the\u00a0Indonesia JETP Comprehensive\u00a0Investment and Policy Plan \u2013 is an important milestone demonstrating\u00a0Indonesia\u2019s leadership towards reaching net zero in the power sector by 2050 and promoting economic growth powered by renewable energy.\u201d<\/span><\/p>\n<p><strong><span lang=\"EN-CA\" xml:lang=\"EN-CA\">Richard Le Bars<\/span><\/strong><span lang=\"EN-CA\" xml:lang=\"EN-CA\">, Charg\u00e9 d\u2019Affaires, Embassy of Canada to Indonesia and Timor-Leste\u00a0<\/span><span lang=\"EN-US\" xml:lang=\"EN-US\">said: \u201cThe launch of the Indonesia Just Energy Transition Partnership Comprehensive Investment and Policy Plan demonstrates continued multilateral collaboration in support of Indonesia\u2019s ambitious move towards clean energy systems and a sustainable future. Canada\u00a0is committed to pursuing this collaboration with Indonesia and other partners, recognising our shared interest in ensuring an inclusive, clean energy future in Indonesia and the wider Indo-Pacific region.\u201d<\/span><\/p>\n<p><span lang=\"EN-US\" xml:lang=\"EN-US\"><strong>Per Brixen<\/strong>, Deputy Head of Mission, Embassy of Denmark to Indonesia, Malaysia, Timor-Leste, Papua New Guinea and ASEAN said: \u201cToday\u2019s launch of the Comprehensive Investment and Policy Plan (CIPP) marks another big step in Indonesia\u2019s green transition. The CIPP demonstrates both a pathway and important steps to achieve a transition for Indonesia\u2019s on-grid power sector that is not only green but also just. Denmark will continue supporting Indonesia building on our more than seven years of close technical collaboration on renewable Energy development, with the Indonesian Government.\u201d<\/span><\/p>\n<p><strong>Denis Chaibi<\/strong>, Ambassador of the European Union to Indonesia and Brunei Darussalam said: \u201cThe Indonesian Just Energy Transition Partnership (JETP) Comprehensive Investment and Policy Plan (CIPP) is the beginning of a transformative path that will allow Indonesia and the European Union to jointly contribute to the global fight against climate change. Through a mix of grants and concessional loans, the EU, the European Investment Bank and EU Member States have pledged over $3.7 billion for the transition away from fossil fuels. Moving forward, we have a unique opportunity to work together on the implementation of the CIPP, including on off-grid decarbonisation pathways.\u201d<\/p>\n<p><strong><span lang=\"EN-US\" xml:lang=\"EN-US\">Fabien Penone<\/span><\/strong><span lang=\"EN-US\" xml:lang=\"EN-US\">, Ambassador of France to Indonesia, Timor Leste and ASEAN said: \u201cThe release of the Comprehensive Investment and Policy Plan (CIPP) marks an important milestone in our collective effort to support and accelerate Indonesia\u2019s energy transition in a just way that leaves no-one behind and brings about benefits for the Indonesian economy, the Indonesian people and the climate. France will keep engaging closely with the Indonesian government and international partners to deliver results in line with the high level of ambition of JETP.\u201d<\/span><\/p>\n<p><strong><span lang=\"EN-US\" xml:lang=\"EN-US\">Ina Lepel<\/span><\/strong><span lang=\"EN-US\" xml:lang=\"EN-US\">, Ambassador of Germany to Indonesia said: \u201cToday\u2019s launch of the Comprehensive Investment and Policy Plan is a great success towards a green energy transition in Indonesia. The Government of the Federal Republic of Germany highly appreciates\u00a0<\/span>the dedication and ambitions of the Government of Indonesia and is committed to provide substantial financing for implementing our Just Energy Transition Partnership. Together, we will shape a future where clean and affordable energy drives progress and preserves our planet for generations to come.\u201d<\/p>\n<p><strong><span lang=\"EN-US\" xml:lang=\"EN-US\">Benedetto Latteri<\/span><\/strong><span lang=\"EN-US\" xml:lang=\"EN-US\">, Ambassador of Italy to Indonesia said: \u201cThe CIPP will set the route for the achievement of JETP\u2019s objectives. We acknowledge the effort made by the Indonesian Government. Italy is proud to be on the side of Indonesia in this ambitious path and to put the Italian state of the art technology and skills to the benefit of Indonesia for sustaining its energy transition efforts.\u201d<\/span><\/p>\n<p><span lang=\"EN-US\" xml:lang=\"EN-US\"><strong>Rut Kr\u00fcger Giverin<\/strong>, Ambassador of Norway to Indonesia said: \u201cNorway is delighted to take part in this partnership and to support Indonesia\u2019s efforts to develop clean energy and speed up the energy transition. We believe the Comprehensive Investment and Policy Plan will provide a good framework for mobilising capital to accelerate the deployment of renewable energy in Indonesia. Norway will continue to support Indonesia\u2019s commitment to reduce emissions and fight climate change.\u201d<\/span><\/p>\n<p><strong>Dominic Jermey<\/strong>, His Majesty\u2019s Ambassador to Indonesia and Timor-Leste said:<strong>\u00a0<\/strong>\u201cI congratulate the Government of Indonesia for today\u2019s successful CIPP launch. The plan lays out important steps for the on-grid power sector and sets the stage for future strategies for the off-grid power sector. The United Kingdom remains a steadfast partner in Indonesia\u2019s ambitions for energy transition. Partners across the domestic spectrum, the international community and the private sector will be vital to help Indonesia achieve its renewables targets and infrastructure investments.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Joint Statement The International Partners Group (IPG), co-led by the United States of America and Japan and comprised of Canada, Denmark, the European Union, the Federal Republic of Germany, the French Republic, Norway, the Republic of Italy, and the United Kingdom of Great Britain and Northern Ireland, jointly welcome the launch of Indonesia\u2019s Just Energy [&hellip;]","protected":false},"author":9,"featured_media":1326,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"tags":[],"class_list":["post-1324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/ambjakarta.esteri.it\/it\/wp-json\/wp\/v2\/posts\/1324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambjakarta.esteri.it\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambjakarta.esteri.it\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambjakarta.esteri.it\/it\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/ambjakarta.esteri.it\/it\/wp-json\/wp\/v2\/comments?post=1324"}],"version-history":[{"count":4,"href":"https:\/\/ambjakarta.esteri.it\/it\/wp-json\/wp\/v2\/posts\/1324\/revisions"}],"predecessor-version":[{"id":1335,"href":"https:\/\/ambjakarta.esteri.it\/it\/wp-json\/wp\/v2\/posts\/1324\/revisions\/1335"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambjakarta.esteri.it\/it\/wp-json\/wp\/v2\/media\/1326"}],"wp:attachment":[{"href":"https:\/\/ambjakarta.esteri.it\/it\/wp-json\/wp\/v2\/media?parent=1324"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambjakarta.esteri.it\/it\/wp-json\/wp\/v2\/tags?post=1324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}