Publication

Financing A ‘Just’ Energy Transition in Indonesia: Analysis and Policy Recommendations

Indonesia aims for Net Zero Emissions by 2060, committing to up to a $43.20\%$ GHG reduction by 2030, guided by its LTS-LCCR. Achieving the 2030 target requires $247.3 billion, yet current public and private financing is insufficient, especially for coal plant retirement and renewable energy. This research by Prakarsa analyzes existing sustainable financing schemes, including JETP and ETM, focusing on the often-missing ‘just’ aspect to ensure equity for affected workers, vulnerable groups, and indigenous communities.