The establishment of JET-P can provide a necessary platform to drive the rebranding of Indonesia’s bioenergy sector. JET-P, as a collaborative initiative, can bring together policy makers, industry stakeholders, academia and civil society to strategize and implement sustainable bioenergy solutions.
With expertise and network orientation, JET-P can accelerate access to global best practices, innovative financing mechanisms, technical assistance, and should be able to accelerate bioenergy transition in Indonesia.
However, the success of JETP financing for bioenergy in Indonesia will depend on several factors. First, the Indonesian government should create an enabling policy environment for bioenergy projects, including enabling regulations and investment-based incentives.
Second, there must be a strong pipeline of high-quality bioenergy projects in Indonesia ready to receive financing. Finally, there should be a supply of qualified experts who can manage bioenergy projects.
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Unlocking Indonesia’s bioenergy potential through a just energy transition is not only important for achieving sustainability goals but also for promoting social justice and economic prosperity.
By establishing the Just Energy Transition Partnership, we can drive a rebranding of Indonesia’s bioenergy sector and pave the way for a more inclusive and sustainable future. Let’s seize this opportunity and work together towards a greener and more equitable energy landscape.