Galen Erickson
The Diplomat
February 16, 2024
Indonesia's government recently released draft implementation plans for $20 billion in funding from the Just Energy Transition Partnership, a climate finance deal led by the United States and Japan. The draft plans are very detailed but fail to recommend removing certain subsidies that incentivize the use of coal. These subsidies could prevent private sector investment in Indonesia's energy transition. In “Indonesia’s Fossil Fuel Subsidies Threaten Its Energy Transition,” Galen Erickson examines the effect that continued fossil fuel subsidies in Indonesia may have on the country’s goals of decarbonization.
Read the article here.
