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EU Committed to Supporting Just Energy Transition in Indonesia

Economics editor Wahyu Dwi Anggoro
26/10/2023 20:45 WIB
The Delegation of the European Union (EU) to Indonesia presented a two-day conference on 24-25 October.
EU Committed to Supporting Just Energy Transition in Indonesia. (Foto: MNC Media)
EU Committed to Supporting Just Energy Transition in Indonesia. (Foto: MNC Media)

IDXChannel - The Delegation of the European Union (EU) to Indonesia presented a two-day conference on 24-25 October on how the regional bloc can support a just energy transition in Indonesia.

Themed Pathways to a Prosperous Indonesia – Powered by Renewable Energy, the conference brought together many stakeholders in the energy sector, from government, international organisations, private sector to civil society.

The EU Ambassador to Indonesia, Denis Chaibi, highlighted the EU’s energy transition strategy.

"EU leaders want a fast green transition to address climate change and energy insecurity. In addition, energy transition in Europe has proven to be one of the biggest sources of jobs for tomorrow," Ambassador Chaibi said in  a media release on Wednesday (25/10/2023).

“The EU cannot work alone. We all need a global partnership. Team Europe can rely on the Global Gateway, a financial initiative pooling resources from EU, Member States’ financial institutions and the European Investment Bank to serve mutual interests with partner countries. Team Europe has committed 2.4 billion euro for Indonesia’s Just Energy Transition Partnership. What is needed now is the political will, ambition and the right projects. Indonesia is blessed with a huge renewable energy potential and the EU is looking forward to taking the EU-Indonesia partnership to the next level,” added Ambassador Chaibi.

Ambassadors and representatives from six EU Member States namely Germany, Italy, the Netherlands, Poland, France and Denmark shared their own countries’ experiences as well as their collaboration with Indonesia on Energy Transition. The EU representatives reiterated that the EU and its Member States stand ready to offer comprehensive support and assistance to facilitate Indonesia's energy transition.

Special Advisor to the Minister of Energy and Mineral Resources, Ego Syahrial reiterated that Indonesia is committed to achieve the Nationally Determined Contributions (NDC) and to achieve Net Zero by 2050 or sooner.

"In the long-term, there are opportunities for the development of solar, geothermal, hydro power, nuclear, and green hydrogen facilities, as coal fired plants will be totally phased out by 2058," he added.

Deputy of the Just Energy Transition Partnership (JETP) Secretariat Paul Butarbutar outlined the ongoing preparations of the JETP implementation plan and project pipeline and called o for more international cooperation and investments. (WHY)

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