"We are still reviewing the impacts following the decision of the US President (Donald) Trump,” Deputy Minister of Energy and Mineral Resources Yuliot Tanjung told reporters after a meeting with the Indonesian House of Representatives here on Thursday.
Tanjung affirmed that despite the US exit from the Paris Agreement, Indonesia remains steadfast in its dedication to the vital global treaty aimed at combating climate change.
Consequently, Tanjung affirmed that the government will anticipate the impact of the US withdrawal from the Paris Agreement through policies that benefit the Indonesian populace.
The US withdrawal from the Paris Agreement may affect funding programs, such as the Just Energy Transition Partnership (JETP).
JETP, in parallel with domestic policy reform, will continue to mobilize investments in Indonesia’s domestic renewable energy production to reduce emissions, strengthen and expand the grid, advance energy security, create jobs, and grow the clean energy economy in Indonesia.
Through the JETP, the US International Development Finance Corporation (DFC) committed to providing US$1 billion in financing to accelerate clean energy initiatives in Indonesia.
Thus, the US withdrawal from the Paris Agreement could lead to potential delays or reductions in funding.
On a separate occasion, the ministry’s Director General of New, Renewable Energy and Energy Conservation, Eniya Listiani Dewi, stated that if funding for energy transition projects in Indonesia is impacted by the US withdrawal from the Paris Agreement, then Indonesia will seek other alternatives to fill this gap.
"We encourage investment in new and renewable energy from all parties. It depends on the country. If a country is not interested in investing in renewable energy, then we will approach other countries,” she noted.
President Donald Trump announced the US withdrawal from the Paris Agreement on his first day back in office, labeling it an “unfair, one-sided Paris climate accord rip-off.”
This marks Trump's second withdrawal from the Paris Agreement. He had previously exited in 2017 during his first term in office.
The Paris Agreement was adopted in 2015 by 195 members of the UN Framework Convention on Climate Change as a framework to limit global temperature increases to well below 2 degrees Celsius above pre-industrial levels while striving for a 1.5 degrees Celsius limit.
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Translator: Putu Indah Savitri, Yashinta Difa
Editor: Rahmad Nasution
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