November 22, 2021
The Ministry of Economy, Trade and Industry (METI) will cooperate with Indonesia through the Japan-U.S. Clean Energy Partnership (JUCEP) in order to speed up investment in clean energy in the Indo-Pacific region as a coordinated effort with the U.S. government and other stakeholders.
1. On October 21, 2021, the U.S. and Japanese governments invited over 370 energy industry stakeholders from Japan, the United States, and Indonesia to an online briefing session to explain a support toolkit provided by U.S. and Japanese government agencies. The session also included a presentation explaining the Ministry of Energy and Mineral Resources' investment policies and plans for Indonesia's renewable energy and improvement of energy efficiency. Through this event, participants from more than 200 energy- and infrastructure-related companies and organizations in Japan, the United States, and Indonesia exchanged views with the Indonesian government on key investment opportunities and issues, establishing a foundation for future consultations and cooperation.
The government agencies that explained the tools available to support private investment are as follows:
On the Japanese side, the Embassy of Japan in Indonesia, the Japan International Cooperation Agency, the Ministry of Economy, Trade and Industry, the Japan Bank for International Cooperation, Nippon Export and Investment Insurance, New Energy and Industrial Technology Development Organization, and Japan External Trade Organization. On the U.S. side, the Department of State, the Department of Commerce, the U.S. Trade and Development Agency, the U.S. Agency for International Development, the Department of the Treasury, the U.S. International Development Finance Corporation, and the Export-Import Bank of the United States.
JUCEP was established in April 2021 to promote regional cooperation based on the U.S.-Japan Climate Partnership on Ambition, Decarbonization, and Clean Energy and U.S.-Japan Competitiveness and Resilience (CoRe) Partnership. It promotes open, competitive, and transparent energy markets in line with the common vision of a free and open Indo-Pacific (FOIP). At the event on October 21, Japan and the United States explained the climate, commercial, and strategic benefits they share.
Support for and cooperation with the Indo-Pacific countries (including Indonesia) with the aim of speeding up decarbonization efforts through sustainable private investment
Concrete policy measures and support for promoting business opportunities in the energy and infrastructure industries for Japan, the United States, and regional partners
Japan and the United States' commitment to promoting climate change mitigation, energy security, and sustainable growth by implementing clean, safe, and inexpensive energy technologies in cooperation with private companies and regional government partners
Division in Charge
International Affairs Office, Energy Efficiency and Renewable Energy Department, Agency for Natural Resources and Energy
International Affairs Division, Commissioner's Secretariat, Agency for Natural Resources and Energy