Investment Needs of Indonesia's Just Energy Transition: A Framework

This report by the Climate Policy Initiative proposes a framework for quantifying investment needs to ensure Indonesia's energy transition is equitable, using the early retirement of the Cirebon 1 coal-fired power plant as a case study.

• Indonesia has set ambitious renewable energy (RE) targets, including a goal of 61% RE in the Electricity Supply Business Plan (RUPTL) 2025-2034 and a target of 100% RE by 2035 stated by President Prabowo.
• The transition to renewable energy presents significant employment opportunities, with GGGI estimating the creation of between 2.1 million and 3.7 million new direct jobs in Indonesia's renewables sector by 2030.
• Achieving Indonesia's 2030 climate targets requires approximately USD 97 billion, according to the Comprehensive Investment and Policy Plan (CIPP) of the Just Energy Transition Partnership (JETP).
• To address restorative justice, the report identifies the need for policymakers to track preventative actions (such as reskilling and debt refinancing) and transformative actions (such as green jobs creation and RE cooperatives), along with their associated spending estimates.

APA

Climate Policy Initiative (2025). Investment Needs of Indonesia's Just Energy Transition: A Framework. https://www.climatepolicyinitiative.org/publication/investment-needs-of-indonesiasjust-energy-transitiona-framework/

Chicago

Climate Policy Initiative. Investment Needs of Indonesia's Just Energy Transition: A Framework. 2025. https://www.climatepolicyinitiative.org/publication/investment-needs-of-indonesiasjust-energy-transitiona-framework/.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=Investment Needs of Indonesia's Just Energy Transition: A Framework |date=8 October 2025 |url=https://www.climatepolicyinitiative.org/publication/investment-needs-of-indonesiasjust-energy-transitiona-framework/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiative2025investment, author = {{Climate Policy Initiative}}, title = {{Investment Needs of Indonesia's Just Energy Transition: A Framework}}, institution = {Climate Policy Initiative}, year = {2025}, month = oct, url = {https://www.climatepolicyinitiative.org/publication/investment-needs-of-indonesiasjust-energy-transitiona-framework/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }