Multilateral JETP
Background: Just Energy Transition Partnership with Indonesia (JETP Indonesia)
The Just Energy Transition Partnership (JETP) between Indonesia and the International Partners Group (IPG – including Germany, Japan, Canada, Denmark, Italy, Norway, the UK, and the EU) was launched on 14 November 2022 during the G20 Summit in Bali. The partnership commits USD 21.4 billion to support Indonesia’s energy transition – to be mobilised by the IPG members and through the Glasglow Financial Alliance for Net Zero (GFANZ). Germany alone has pledged USD 2.8 billion in technical and financial assistance. .
In early 2025, two significant institutional developments took place to strengthen the coordination and implementation of Indonesia’s JETP. Germany formally assumed the role of co-lead of the IPG, alongside Japan, following a leadership shift under the new U.S. government. Further, the Coordinating Ministry of Economic Affairs (CMEA), established the Energy Transition and Green Economy Task Force (Satgas TEH) as an interministerial platform to align, coordinate and advance the national green economy and energy transition agenda, including JETP.
To support Germany’s co-lead role in JETP, the German Federal Ministry for Economic Cooperation and Development (BMZ) funded the establishment of the JETP Support Unit, integrated within the ongoing German-Indonesian Energy Hub. This unit facilitates coordination between GMZ the German Embassy in Jakarta, and Indonesian political partners – primarily CMEA, the Ministry of Energy and Mineral Resources (MEMR), and Satgas TEH. The JETP Support Unit underscores Germany’s commitment to its co-leadership role and strengthens collaboration with Indonesia in driving the next phase of JETP implementation.
German commitment to JETP
Germany supports the JETP through the existing bilateral portfolio, which was strengthened with additional financing for technical and financial assistance since the start of the JETP. This overall €2.8 billion contribution is channelled through various implementing organizations. For detailed German JETP financing, here.