China’s Role in Indonesia’s Clean Energy Transition

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Indonesia, the world’s top exporter of thermal coal, has also set high net zero emission targets. Indonesia is courting both China, its top clean energy investor, and the West for investments to bolster its clean energy manufacturing and capacity. Chinese and western investments fall well below what is needed for Indonesia to reach its 2050 climate target. Indonesian experts see a potential for Chinese financing to expand beyond solar and wind farms into energy storage, domestic clean energy manufacturing, and decarbonizing of industrial production.  

At this meeting speakers will assess the potential of clean energy collaboration between Indonesia and China. Fabby Tumiwa (Institute for Essential Services Reform) will lay out the landscape of Indonesia’s greenhouse gas challenge and what the Indonesian government is doing to improve just energy transition policies. Drawing on a new report published by his organization, Ghee Peh (Institute of Energy Economics and Financial Analysis) will discuss how the Indonesian government can break through bureaucratic and transparency obstacles to unlock private investments. Liu Shuang (World Resources Institute) will dive into China’s growing climate-related finance in the global south and highlight obstacles and opportunities for Chinese companies to increase clean energy investments in Indonesia.