Indonesia finalizes renewables target with G7 climate finance plan

Critics fault exclusion of 'captive' coal in $20bn energy transition program

20231121 indonesia photo

Indonesian officials speak on Nov. 21 in Jakarta at the announcement of renewable energy targets and investment plans, part of a climate financing pledge by the G7 last year. (Photo by Erwida Maulia)

ERWIDA MAULIA, Nikkei staff writer

JAKARTA -- Indonesia on Tuesday released the final version of an ambitious target for its transition to renewable energy and an outline for the investment needed to implement it under the Just Energy Transition Partnership (JETP), a climate financing program for developing countries backed by the Group of Seven (G7) advanced nations.

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