Traction Energy Asia Project Dates: January 2023 - December 2024
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PROJECT OBJECTIVE

Traction Energy Asia is working to bring environmentally informed foreign direct investments (FDI) to support Indonesia’s transition to clean energy and low-carbon growth. Through research, advocacy, and multilateral engagement in Indonesia, this project will enable Traction Energy to influence key government stakeholders to acknowledge the negative emissions and socioeconomic impacts of China’s FDI in the country and recognize how China’s investment and know-how could help accelerate Indonesia’s transition to clean energy and low-carbon growth. If successful, within three to five years the government of Indonesia will have developed a regulatory framework and financial and fiscal incentives that enable and attract China’s investment in projects and initiatives that support Indonesia's energy transition. Based on its experiences, the Indonesian government can also take the lead in ASEAN, especially when it chairs the regional forum in 2023. The Hewlett Foundation has provided Traction Energy Asia a funding amount of $253,985. 

PROJECT DESCRIPTION

Traction Energy Asia is an independent multidisciplinary group of experts and advocates on climate change, energy policy, CO2 emissions reduction, clean energy and the law. We are Indonesia-based with a regional focus across Asia. Traction Energy Asia was registered under our Indonesian name, Transformasi Energi Asia, as a charitable foundation (Yayasan) with Indonesia’s Ministry of Law and Human Rights in July 2018.


SECTORS OR AREAS OF WORK
  1. Energy efficiency

Region/Location

BUDGET

USD 253,985

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. Hewlett Foundation
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
BUDGET

USD 253,985

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. Hewlett Foundation
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE