Pondera is proud to announce to have been awarded a project for the Netherlands Ministry of Foreign Affairs. For this project an analysis is conducted and an implementation plan is designed to determine how the Netherlands can best contribute to the implementation of the Just Energy Transition Partnership (JETP) in South Africa and Indonesia. Pondera will take on the responsibility for the Indonesian part, while its partner Rebel Group will focus on the analysis in South Africa.
The JETP for Indonesia was signed between the Indonesian Government and the International Partners Group (existing of the Governments of Japan, the United States of America, Canada, Denmark, the European Union, the Federal Republic of Germany, the French Republic, Norway, the Republic of Italy, and the United Kingdom of Great Britain and Northern Ireland) during the G20 in November 2022. It consists of mobilizing $20 billion over the next three to five years through the partnership via public and private financing. This substantial amount should be put in a strategy for the early retirement of coal-fired power plants, enhancing Indonesia’s transmission network, renewable energy generation and sustainable mining for the EV-industry.
For the analysis Pondera will, among other things:
- Identify the most relevant investment opportunities outlined in the JETP;
- Identify the overlap between the investment opportunities with Dutch expertise and interest of Dutch investors;
- Define bottlenecks that hamper Dutch involvement and solutions that can be offered by the Dutch Government’s existing instruments and facilities;
- Seek for innovative approaches for blended finance, combining public and private resources to increase investments and reduce risks in renewable energy projects.
The findings and recommendations of this collaboration will be presented during the Renewable Energy and Climate Summit in Indonesia, scheduled 9-13-October. Throughout the project, Pondera will closely collaborate with the Dutch Mission, the Ministry of Foreign Affairs, and the Netherlands Enterprise Agency.
Photo: President Joko Widodo and the USA President Joe Biden during the G20 in November 2022 where the JETP Joint Statement was signed (Source: Bureau of Press, Media, and Information of Presidential Secretariat/Laily Rachev)
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