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ARTICLE · 18 NOVEMBER 2022

Indonesia JETP – Accelerating Indonesia's Decarbonisation Timeline

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At the G20 Summit being held in Bali this week, Indonesia President Joko Widodo and the leaders of the International Partners Group (IPG), co-led by the United States and Japan...

GlobalEnergy and Natural Resources
Ben Thompson
Ben Thompson
Matthew B. Chow
Matthew B. Chow
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At the G20 Summit being held in Bali this week, Indonesia President Joko Widodo and the leaders of the International Partners Group (IPG), co-led by the United States and Japan, announced the launch of the Just Energy Transition Partnership (JETP). 

According to the joint statement released by IPG on 15 November 2022, the JETP aims to develop a comprehensive investment plan (the JETP Investment and Policy Plan) to achieve Indonesia's decarbonisation goals, the most significant ones being: 

  • bringing forward Indonesia's net zero target by ten years to 2050, with CO2 emissions from the power sector peaking in 2030 (seven years earlier than previous estimates); 
  • accelerating the deployment of renewable energy so that renewable energy comprises at least 34 percent of all power generation by 2030;

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