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Huge Financing Gap for Energy Transition

Monday, December 16, 2024

The funding needed for energy transition is difficult to fulfill. The JETP scheme is stalled, and alternative funding remains elusive.

arsip tempo : 173435765115.

Presidential envoy Hashim Djojohadikusumo (second left) and Forestry Minister Raja Juli Antoni (left) witness the signing of a Memorandum of Understanding (MoU) between PLN President Director Darmawan Prasodjo (center) and Kreditanstalt für Wiederaufbau (KfW) Chief Sustainability Officer Jürgen Kern (third from left) and United Kingdom Export Finance (UKEF) Global Head of Origination Vomic Nur Shah (third from right) during the “Leading the Charge: Strategic Partnership to Catalyze Decarbonization” event, Baku, Azerbaijan, 13 November 2024. ANTARA/HO-PLN. tempo : 173435765115.

THE 29th Conference of the Parties (COP29) under the United Nations Framework Convention on Climate Change in Baku, Azerbaijan, resulted in five points of collaboration on energy transition between state electricity company PLN and five international partners. These collaborations include clean energy financing in Indonesia.

One example is PLN’s collaboration with the United Kingdom Export Finance (UKEF). Through this project, PLN is explo

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Caesar Akbar

JETP Just Energy Transition Partnership PLN Climate Change renewable energy
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