Indonesia's JETP Financing Plan Primarily Relies on Debt

Market

Lite

Adi Ahdiat 02/11/2023 15:10 WIB

URL has been copied

Memuat...

According to the Comprehensive Investment and Policy Plan (CIPP) document, the financing plan for the JETP in Indonesia is predominantly debt-based.

JETP Financing Mechanism Plan from International Partner Group for Indonesia (November 2023)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Indonesia's JETP Financing Plan Primarily Relies on Debt

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

JETP Financing Mechanism Plan from International Partner Group for Indonesia (November 2023)

Download

Source

A Small Font
A Medium Font
A Bigger Font

The Just Energy Transition Partnership (JETP) is an international financing cooperation program to support energy transition in developing countries.

In 2022, Indonesia received a JETP financing commitment totaling US$20 billion.

The JETP commitment for Indonesia comes from two funding sources: the International Partners Group (IPG) and the Glasgow Financial Alliance for Net Zero (GFANZ).

The IPG is an organization comprising governments of developed countries, namely the United States, Japan, the United Kingdom, Canada, Germany, France, Italy, Norway, Denmark, and the European Union.

The IPG group has committed to providing at least US$10 billion in JETP financing for Indonesia.

GFANZ is an organization whose members are international financial institutions, namely HSBC, Citibank, Standard Chartered, Bank of America, Deutsche Bank, MUFG, and Macquarie.

GFANZ has committed to providing similar financing with a minimum value of US$10 billion.

Most of the financing from the IPG group is projected to be in the form of loans.

This is recorded in the Comprehensive Investment and Policy Plan (CIPP) document released by the Indonesian JETP Secretariat on November 1, 2023.

According to the document, the IPG group could provide up to US$11.5 billion in financing to support Indonesia's energy transition.

However, approximately US$6.9 billion (60%) of this will be in the form of concessional loans, i.e., loans with lower interest rates, and more flexible repayment terms and grace periods than market standards.

In addition to these concessional loans, approximately US$2 billion (17%) of Indonesia's JETP financing is projected to be in the form of guarantees.

These guarantees will be provided by the United Kingdom and the United States to ensure the disbursement of loans from the International Bank for Reconstruction and Development (IBRD), which will then be used for Indonesia's JETP financing.

Then, US$1.59 billion (14%) of JETP financing will be in the form of non-concessional loans, i.e., loans with market standard interest rates and longer tenors.

There is also equity investment financing worth US$384.5 million (3%), other financing of US$345.3 million (3%), and grant funding of US$292.3 million (3%).

Meanwhile, as of early November 2023, the CIPP has not yet detailed the financing scenario from the GFANZ group.

All plans outlined in this CIPP are still in draft form and are not yet legally binding.

"We are opening the draft JETP investment plan with the hope of gathering as much input as possible from all elements and levels of society," said the Head of the Indonesian JETP Secretariat, Edo Mahendra, in a press release on Wednesday (1/11/2023).

"This is in line with JETP's commitment to upholding the principles of transparency, accountability, and participation," he continued.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Average Length of Schooling for Bandung City Residents Reaches 11.41 Years in 2025

South Sumatra's Air Quality This Morning (5/12) is the Worst in Indonesia

Warning! Mount Ibu Erupts Again This Morning (Friday, December 5, 2025)

Latest Data Stories

Historical Data of Average Wages in West Papua, 2018-2023 Employment 05/12/2025, 16:15 WIB

Average Per Capita Monthly Expenditure in South Papua 2024 Consumer Services & Health 05/12/2025, 15:57 WIB

Indonesian Provinces with the Highest Non-Food Urban Poverty Line in Indonesia (2023) Demographics 05/12/2025, 15:32 WIB

Global Natural Gas Prices Rise to US$3.33/Mmbtu (Friday, May 23, 2025) Energy 05/12/2025, 15:01 WIB

Population of Male Cattle Suitable for Slaughter, Period 2013-2024 Demographics 05/12/2025, 15:00 WIB

Food Prices Today, December 05, in West Java: Bird's Eye Chili Up, Red Chili Down Economics & Macro 05/12/2025, 14:57 WIB

Download

Source

Indonesia's JETP Financing Plan Primarily Relies on Debt

Indonesia's JETP Financing Plan Primarily Relies on Debt

Tags

Related Data

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Average Length of Schooling for Bandung City Residents Reaches 11.41 Years in 2025

South Sumatra's Air Quality This Morning (5/12) is the Worst in Indonesia

Warning! Mount Ibu Erupts Again This Morning (Friday, December 5, 2025)

Latest Data Stories

Popular Data

Indonesia's JETP Financing Plan Primarily Relies on Debt

Indonesia's JETP Financing Plan Primarily Relies on Debt

Tags

Related Data

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Average Length of Schooling for Bandung City Residents Reaches 11.41 Years in 2025

South Sumatra's Air Quality This Morning (5/12) is the Worst in Indonesia

Warning! Mount Ibu Erupts Again This Morning (Friday, December 5, 2025)

Latest Data Stories

Trending Topics

Popular Data