Indonesia to receive $20 bln to accelerate shift from coal in finance deal at G20 summit

Published 10:46 on November 15, 2022  /  Last updated at 10:46 on November 15, 2022  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Japan, Other APAC, US  /  No Comments

A group of rich countries led by the US and Japan has launched a Just Energy Transition Partnership (JETP) agreement with Indonesia, whereby the Southeast Asian nation will receive $20 billion to shift away from coal generation and target an earlier and lower peak in its power generation emissions, they announced at the G20 summit in Bali on Tuesday.

A group of rich countries led by the US and Japan has launched a Just Energy Transition Partnership (JETP) agreement with Indonesia, whereby the Southeast Asian nation will receive $20 billion to shift away from coal generation and target an earlier and lower peak in its power generation emissions, they announced at the G20 summit in Bali on Tuesday.

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