Hanoi, March 25 -- Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto on March 24 affirmed that the US decision to pull out of the Just Energy Transition Partnership (JETP) will not impact the other partners' commitment to it.
The JETP, a financing commitment from developed countries and global lenders to help developing nations adopt cleaner energy, has earmarked 20 billion USD to help Indonesia cut its emissions.
Earlier this month, the US said it had withdrawn from its JETP deals with three countries, including Indonesia. Previously, the US commitment in Indonesia was over 2 billion USD, made up of non-concessional loans, multilateral development bank (MDB) guarantees, and grants.
Airlangga said that the US exit ...