Indonesia to strike green energy deal with rich nations at G20 summit - BusinessWorld Online

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Indonesia to strike green energy deal with rich nations at G20 summit - BusinessWorld Online
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Indonesia is on track to secure a clean energy partnership with rich countries when it hosts a G20 summit in November, obtaining international funding to cut its reliance on coal power and to implement a green and fair transition, energy analysts said.

REUTERS

It has the potential to be “a big win for the presidency” of Indonesia’s Joko Widodo, while serving as an example to other G20 and coal-producing nations that are planning a shift to cleaner energy, such as India and China, he added. But almost 85% of electricity in the Southeast Asian archipelago is generated from fossil fuels — with coal-fired plants supplying about 60% of Indonesia’s power needs.

Clorinda Wibowo, an energy expert at the World Resources Institute Indonesia, said Jakarta would likely announce at the G20 summit a list of coal power plants to be retired and schemes to promote greener energy use in all industries.

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