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Capturing Profits from Energy Transition

Monday, 25 July 2022

The government is pushing for the use of new and renewable energy in the quest to reach carbon neutral by 2060. Indonesia needs up to Rp15,000 trillion to finance energy transition programs.

 

An official checks the solar panels installed on the roof of the building of the Electricity Directorate-General of the Energy and Mineral Resources Ministry, Jakarta, in March 2021. ANTARA FOTO/Aditya Pradana Putra/File Photo . tempo : 166454279213

THROUGHOUT his time in Jakarta, Kris Peeters’ agenda was quite colorful. On Tuesday, July 19, the European Investment Bank (EIB) Vice President walked on the ‘runway’ of the Citayam Fashion Week in Dukuh Atas, Central Jakarta, together with Jakarta Governor Anies Baswedan. The next day, Peeters visited the office of the energy and mineral resources ministry to talk about a very serious issue: energy transition financing.

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