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Several steam power plants in Indonesia are set to retire soon due to the Just Energy Transition Partnership’s (JETP) funding scheme for energy transition, despite several giant power plants still being operational.
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Coal sector workers affected by the energy transition require US$2.4 billion or around Rp38.4 trillion in financing for compensation and training. Read more on Kompas.com.
Background The Institute for Essential Services Reform (IESR), a think tank based in Jakarta, Indonesia, has been working intensively to accelerate Indonesia’s low-carbon energy transition
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The non-governmental organization Institute for Essential Services Reform (IESR) proposes grant and soft loan financing for the energy transition agenda. Read more on ANTARA.
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