ABSTRACT
As a signatory to the Paris Agreement, Indonesia has committed to separate unconditional and conditional reductions in emissions by 2030 and to net-zero emissions by latest by 2060.
A country platform for Energy Transition Mechanism (ETM Country Platform) has been established as a framework to provide necessary financing support to accelerate the national energy transition from coal based power to clean energy, while a Just Energy Transition Partnership has been launched with international partners with the aim of mobilising USD 20 billion in financing. The chapter will analyse the early progress, pitfalls and the early learnings for financing quantum and design of such programmes in economies with a heavy dependence on coal.
