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JETP Progress Report 2025

The JETP Progress Report 2025 outlines the key changes and developments since the CIPP
2023, including updates on JETP governance, investment focus areas, financing progress,

01-2026     |     NCI - NewClimate Institute
JETP Indonesia
JET FIN

The Just Transition Finance Needs or 'JET-FIN' Tool was developed as an open-source Excel model to help inform critical considerations in kick-starting the transition away from fossil fuel reliance to clean technologies. This tool facilitates an analysis of the key finance needs for a just energy transition in Indonesia’s power sector. It covers different pathways, allowing users to adjust critical parameters and test their influence on potential investment needs over time. 

02-2024     |     NCI - NewClimate Institute
Energy Transition Energy Investment Analysis Climate Finance Coal
Understanding the Importance of the Energy Transition – A Review from a Community Perspective

In Indonesia, which still relies heavily on coal as its main source of energy, shifting to renewable energy is not an easy challenge. Achieving this goal requires strong planning, substantial investment, and policies that support communities affected by coal reduction.

The Institute for Essential Services Reform (IESR) conducted a study to understand public views on the Just Energy Transition Partnership (JETP) and various new energy technologies. 

Among the technologies studied, solar energy emerged as one of the most affordable and promising sources of energy, especially after significant developments. Read the report to find out more.

03-2025     |     IESR - Institute for Essential Services Reform
Energy Transition Renewables JETP Indonesia
Identifying Finance Needs for a Just Transformation of Indonesia’s Power Sector

Indonesia’s Just Energy Transition Partnership (or ’JETP’) places a central focus on peaking and then cutting power sector emissions with the support of public and private finance. To help inform critical considerations in kick-starting the transition away from fossil fuel reliance to clean technologies we have developed an open-source Excel model, ‘JET-FIN’. This tool facilitates an analysis of the key finance needs for a just energy transition in Indonesia’s power sector. It covers different pathways, allowing users to adjust critical parameters and test their influence on potential investment needs over time. 

Our analysis uses electricity sector pathways to systematically analyse the key elements of the energy transition in Indonesia that require financing, including: 

i) phase-out of coal 

ii) clean build-up of new infrastructure 

iii) regulatory interventions to facilitate a just transition, and 

iv) additional institutional capacity needs. 

The main findings are outlined in the report available for download on this webpage, with further details on our approach set out in the accompanying methods document. 

02-2024     |     IESR - Institute for Essential Services Reform,NCI - NewClimate Institute
Energy Transition Energy Investment Analysis Climate Finance Coal
Understanding the Socioeconomic Implications of Indonesia’s Net Zero Energy Transition

This paper examines how Indonesia can achieve 8% annual GDP growth by 2029 while meeting net zero emission commitments through a rapid energy transition. It simulates high-growth pathways propelled by either existing energy systems or the more efficient, low-carbon options laid out in the Comprehensive Investment and Policy Plan for Indonesia’s Just Energy Transition Partnership. The analysis shows that early and decisive investment in clean energy is not just compatible with growth, but essential for securing it.

10-2025     |     Unaffiliated
Energy Transition JETP Indonesia
JETP Captive Power Study 2025

Indonesia’s rapid industrialisation over the past decade, particularly in energy-intensive
sectors such as nickel processing, aluminum, steel, and pulp and paper, has brought about a
substantial expansion of captive power generation. These on-site or dedicated power systems
have become the backbone of industrial growth, ensuring reliable electricity for operations that
require constant, high-quality supply. Much of this expansion, however, has relied on coal,
resulting in rising greenhouse gas emissions, mounting regulatory pressures, and emerging
concerns about long-term competitiveness within global markets that are increasingly
demanding low-carbon materials. The Captive Power Study was undertaken to examine the
scale of this challenge, identify realistic transition pathways, and understand the implications
for Indonesia’s JETP commitments, industrial development, and economic resilience.

12-2025     |     JETP Indonesia
JETP Indonesia
CASE Insights: Reflecting on Coal Narratives through A Just Energy Transition Lens in East and South Kalimantan

This CASE Insight aim to highlight the frames or narratives on coal and how it may relate to Just Energy Transition in two coal-producing regions in Indonesia, incorporating the findings from a workshop on “How Regional Government in Kalimantan Accelerate Energy Transition through RUED Implementation”, which was co-organized between Project CASE and the National Energy Council in August 2023 in Balikpapan. This CASE Insight dissects the issue in three chapters: the narrative of the past and present, the narratives of the future and how to shift towards the just energy transition narratives.

10-2025     |     GIZ- Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH,Clean, Affordable and Secure Energy (CASE)
Energy Transition Fossil Fuels Non-Renewable Sources JETP Indonesia