Jakarta. A German minister assured Indonesia that it would get its promised climate funding of at least $20 billion, citing that a portion of the money had already gained approval for use.

The Just Energy Transition Partnership is a 2022 agreement signed by Indonesia to wean off coal. The deal binds rich countries and lenders to help fund Jakarta’s shift to clean power.

German Economic Cooperation Minister Reem Alabali Radovan said on Wednesday that Indonesia should now be able to use some of the money.

“Through the JETP, $20 billion is being mobilized for Indonesia’s energy transition. Roughly half of this comes from public sources and the other half from the private sector,” Alabali Radovan told a climate forum in Jakarta, despite mentioning the older figure.

“A large part of the JETP public funding has already been approved for major infrastructure projects and reform programs. For example, Germany is funding the construction of power transition lines and pumped storage power plants,” she said.

Wealthy donor nations under the so-called International Partners Group (IPG) are responsible for the public financing. 

The US has withdrawn from the IPG following Donald Trump 2.0’s massive climate exit, prompting Germany to take over its leadership role in early 2025. Co-leader Japan, Canada, Denmark, the European Union, France, Norway, Italy, and the UK make up the rest of the IPG. They have all vowed to deploy a combined $11.4 billion for the coal-reliant Indonesia’s energy transition as of November 2025, with roughly $3.1 billion already approved.

The Glasgow Financial Alliance for Net Zero (GFANZ), which brings together financial powerhouses like Bank of America and Deutsche Bank, takes care of the private sector contributions.

The size of the JETP pledge has also skyrocketed in recent years. It started with $20 billion, but the joint commitments eventually grew to $21.4 billion as of September 2025. The Indonesian government announced in February that the pledged money had soared to $21.8 billion.

According to a late 2025 JETP report, Germany pledged roughly $1.7 billion, almost $1.5 billion of which comes in concessional loans. 

The Indonesian government has repeatedly complained about the sluggish JETP rollout.

Edi Prio Pambudi, a deputy at the Coordinating Ministry for Economic Affairs, admitted that how fast the funding moves would hinge on the projects’ bankability.

“[It’s also about] making sure that the projects can be run by every sector,” Edi said, adding that Indonesia should integrate the national countless environment frameworks to boost investors’ confidence.

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