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Turning the tide of opportunities in light of the Indo-Pacific: Indonesia’s strategy to attract energy transition financing from France
The Paris Agreement has reshaped the global climate framework, emphasizing the role of developed countries like France in providing more contributions to developing countries like Indonesia, aiming to achieve net zero by 2060. Meeting these targets requires significant transition financing, meanwhile, developed countries have not given enough. This paper analyses how Indonesia can attract more transition financing from France, a global leader in renewable energy (RE) development, by capitalizing on its geopolitical interests.
France has been increasing its RE portfolio in Indonesia through governmental, joint, and private mechanisms. This can be linked to France’s growing interest in the Indo-Pacific and its national strategy against climate change. France’s ambition to become a credible player in the Indo-Pacific is based on securing and developing its territory, balancing against great powers, and spreading influence. Its pursuit of leadership in the region makes it a strategic partner for Indonesia to acquire RE transition financing.
| 2023-0090 | Sekdilu 43-2023 | Training Materials Repository | Tersedia |
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