The Indonesia Just Energy Transition Partnership is a 20 billion dollar agreement to decarbonise Indonesia's coal-powered economy, launched on 15 November 2022 at the

G20 summit The following list of G20 summits summarizes all G20 conferences held at various different levels: summits of heads of state or heads of government, ministerial-level meetings, Engagement Group meetings and others. Summits of state leaders ...

. This Just Energy Transition Partnership comes after the first such agreement, the South Africa JET-IP was announced in 2021 as a partnership with Germany, France, the UK and US. The agreement with Indonesia involves all G7 countries as partners, including Canada, Italy and Japan. It also includes Denmark and Norway. The JETP aims to develop a comprehensive investment plan (the JETP Investment and Policy Plan) to achieve Indonesia's decarbonisation goals. Under the JETP, Indonesia aims to reach net-zero emissions of greenhouse gases from electricity production by 2050, bringing forward its target by a decade, and reach a peak in those emissions by 2030. According to two think tanks, the $20bn allocated under the programme are insufficient for these goals. On the sideline of the same conference, the

Asian Development Bank The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field office ...

signed an agreement with Cirebon Electric Power to open discussions on accelerated retirement of the

Cirebon Steam Power Plant The Cirebon Steam Power Plant ( id, Pembangkit Listrik Tenaga Uap Cirebon) is a 660 MW coal-fired power plant developed by PT Cirebon Electric Power (CEP) in the Kanci area to the southeast of Cirebon, Indonesia. The first unit of the plant was laun ...

References

{{Reflist 2022 in international relations Just Energy Transition Partnership 2022 G20 Bali summit COP27