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9/16/2022

READOUT: Treasury Climate Counselor Morton and Deputy Special Envoy for Climate Duke Travel to Indonesia to Adv…

U.S. DEPARTMENT OF THE TREASURY
READOUT: Treasury Climate Counselor Morton and Deputy
Special Envoy for Climate Duke Travel to Indonesia to Advance
the Just Energy Transition Partnership
September 15, 2022

WASHINGTON - On Thursday, September 15, Climate Counselor to the Secretary of the
Treasury John Morton and Deputy Special Envoy for Climate Rick Duke concluded a visit to
Jakarta, Indonesia, where they met with Indonesian counterparts to advance the
development of the Indonesia Just Energy Transition Partnership. This Partnership seeks to
aggregate finance from partner governments with private sector finance to accelerate
Indonesiaʼs transition to a cleaner energy future. Alongside Japanese partners, the Treasury
and Special Presidential Envoy for Climate (SPEC) delegation discussed Indonesiaʼs continued
e orts to develop and implement an ambitious strategy to significantly reduce emissions in
its power sector, including by transitioning away from coal and towards renewables and
implementing key reforms that will allow for significant private investment in the renewable
energy market. The delegation emphasized that the United States, Japan, and other donor
country partners are prepared to support such a strategy with significant amounts of financial
support. The delegation was encouraged by the Indonesiansʼ commitment to realize a
transition that drives jobs and innovation, while being just and equitable for those most
vulnerable to the transition. In addition to meetings with Government of Indonesia o icials,
the delegation held meetings with multilateral development bank representatives, renewable
energy developers, and civil society organizations.

https://home.treasury.gov/news/press-releases/jy0955

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