Seizing Opportunities for Energy Transition and Transportation Electrification

So, what are we waiting for? The sooner the preparatory phase, feasibility study and land preparation are executed, the better. We must be optimistic!

The implementation of the green economic paradigm necessitates strong commitment, appropriate and consistent policies/regulations and funding.

In the New Institutional Economics perspective, these policies and regulations fall into the domain of formal institutions. The recent Group of 20 Summit in Bali brought fresh air for Indonesia’s green economy development. On that occasion, President Joko “Jokowi” Widodo signed an agreement with funding partners from the Group of Seven (G7) plus Denmark and Norway to provide financial support worth US$20 billion for the energy transition in Indonesia.