The non-governmental organization Institute for Essential Services Reform (IESR) proposes grant and soft loan financing for the energy transition agenda.
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The grant portion in the Just Energy Transition Partnership or Just Energy Transition Partnership/JETP is currently only 300 million US dollars or 1 .4 percent of the total committed funding which reached 21.5 billion US dollars. The portion of grants which is much smaller than loans is considered to have the potential to become a burden in implementing JETP.
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Jakarta, August 29, 2023 - The comprehensive investment and policy plan (CIPP), which was initially scheduled for August 2023 to be the end of same year, is considered necessary by the Institute for Essential Services Reform (IESR) to refine the CIPP document to meet the agreed targets and formulate a robust cooperative effort for a…