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4/28/2022

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Indonesia Coordinating Minister for Maritime Affairs …

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting
with Indonesia Coordinating Minister for Maritime Affairs and
Investment Luhut Binsar Pandjaitan
April 27, 2022

WASHINGTON - U.S. Secretary of the Treasury Janet L. Yellen met yesterday with Indonesia
Coordinating Minister for Maritime A airs and Investment Luhut Binsar Pandjaitan. They
discussed the potential for an accelerated transition away from coal in Indonesiaʼs power
sector as well as the potential for a Just Energy Transition Partnership (JETP), a model that
aims to aggregate donor country, multilateral development bank, philanthropic, and private
sector resources to support that transition. Through a JETP, Indonesia and an international
partnership group would work to speed coal-fired generation decommissioning and expedite
the deployment of renewable energy while also supporting those workers and communities
who are most vulnerable to the energy transition.

https://home.treasury.gov/news/press-releases/jy0750

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