Indonesia to seek China's help to develop renewables at Belt and Road Forum

  • 📰 Reuters
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Indonesia will seek China's help for renewable energy and infrastructure projects when President Joko Widodo attends the upcoming Belt and Road Forum in Beijing, a cabinet minister said.

Any partnership with China would be parallel with the Just Energy Transition Partnership - a $20 billion deal Indonesia has with a U.S.-led group of countries to help decarbonise its energy sector, acting Chief Investment Minister Erick Thohir said in a Reuters interview on the weekend.Southeast Asia's largest economy has pledged to reach net zero greenhouse gas emissions by 2060, a large part of which will involve cleaning up its energy sector.

Erick declined to share JETP talk details, saying only: "We cannot wait...there hasn't been any funding as yet." "We want this to fit our grand plan, the Indonesia blueprint, not the blueprint of other countries," Erick said.this Tuesday and Wednesday, Jokowi, as the Indonesian president is popularly known, will showcase a recently launched high-speed 142-kilometre railway line worth $7.3 billion named "Whoosh". The project is funded by loans from China.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ENERGY

Energy Energy Latest News, Energy Energy Headlines