Wahyu Dwi Anggoro
IDXChannel - The European Union (EU), together with France's Agence Francaise de Developpement (AFD), has launched the Indonesia Energy Transition Facility (IETF).
This program aims to support a sustainable and inclusive energy transition in Indonesia. Spanning five years until 2030, the IETF program is funded by a grant provided by the EU and AFD.
"Indonesia’s role in the global green transition is vital, and we remain fully engaged to work with Indonesia in a Team Europe approach to drive sustainable economic growth and energy security,” said International Affairs and Climate Finance Director of the Directorate-General for Climate Action (CLIMA) at the European Commission Diana Acconcia in a media release.
The program was officially launched during an event in Jakarta last month. The event was attended by more than 100 national and international stakeholders.
“In the context of the 75th Anniversary of the diplomatic relationships between Indonesia and France, this launch of IETF confirms France's long-term commitment to Indonesia - the area of energy transition being one of the key chapter for our cooperation," French Ambassador to Indonesia Fabien Penone said.
