Share this on social media
Indonesia is learning lessons from South Africa’s tough energy transition deal talks
(Climate Home News, 24 Jun 2022) The Indonesian government is learning the lessons from South Africa’s pioneering deal with wealthy nations to shift away from coal, an adviser to the southeast Asian government has said.
At Cop26 last year, the UK, US, France, Germany, EU and South Africa signed an agreement for rich countries to provide $8.5bn in assistanceto help the coal-reliant African nation transition to renewables.
Since then, rich nations and the government of South Africa have been split on how much of the finance should be grants, as opposed to loans, and how much should be new and additional to existing finance pledges.
But the model for this energy transition partnership has attracted the interest of other coal-reliant emerging economies like Indonesia, Vietnam and India as well as Senegal, a growing gas producer.
Talks for a similar deal with Indonesia are the most advanced, with the US and Japan leading talks on behalf of a group of rich countries. A deal is expected to be announced in November, either at Cop27 in Egypt or at the Indonesia-hosted G20 summit.
Climate Home News, 24 Jun 2022: Indonesia is learning lessons from South Africa’s tough energy transition deal talks
