The United States, Japan and other countries announced today, Tuesday, a long -term partnership in the field of energy transformation with Indonesia, aimed at mobilizing $ 20 billion, to help Indonesia achieve its climatic goals, according to a report published by the Japanese news agency “Kyodo”.
Japanese Prime Minister Fumio Kishida welcomed the launch of the partnership with Indonesia, saying that his government hopes to help accelerate Indonesia from coal to renewable alternatives, with more private sector participation, and it is known that Indonesia is the fourth largest coal producer in the world.
This announcement came on the sidelines of the G20 summit for the main economies, held on the Indonesian island of Bali.
It is expected that the energy transmission partnership in Indonesia, which depends on coal, will help early reaching its goals by reaching net zero emissions starting in 2050, and providing the target of 10 years. The report pointed out that a value of $ 20 billion will be funded by the public sector from the members of the 7 -year -old, Norway and Denmark, in addition to the private sector, using grants, soft loans, private investments, and other means.
The group of 7 countries includes Britain, Canada, France, Germany, Italy, Japan and the United States, as well as the European Union. For his part, Indonesian President Goku Widodo said, “Indonesia is committed to the transition of energy in order to achieve a green economy and push sustainable development. “.
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