ASIATODAY.ID, JAKARTA – Indonesia and South Korea have agreed on bilateral cooperation to develop an electric vehicle ecosystem for public transportation services, such as buses, on the island of Bali.
This agreement is contained in a Memorandum of Understanding signed by the Deputy for Maritime Affairs and Natural Resources of the Ministry of National Development Planning/Bappenas, Vivi Yulaswati together with the Country Representative of the Global Green Growth Institute (GGGI) in Indonesia and Deputy Regional Director for Northeast Asia Jaeseung Lee.
Through implementing partner GGGI, the electric vehicle system trial project and development of a green transportation investment roadmap in Bali costs KRW11 billion or the equivalent of US$8.8 million and will run until December 2027.
This trial includes a feasibility study, implementation, finance, and provision of electric buses and supporting ecosystems such as charging stations for the Denpasar, Badung, Gianyar, and Tabanan (Sarbagita) and Klungkung areas.
“The transportation sector is projected to contribute up to 9.93 percent to reducing greenhouse gas emissions. For this reason, the Ministry of National Development Planning/Bappenas is working with international partners to encourage collaboration for the energy transition by providing zero-emission e-bus transportation ecosystems and infrastructure,” said Vivi in an official statement, Wednesday, December 13 2023.
This intergovernmental partnership is part of Indonesia’s efforts to encourage the energy transition towards the vision of a Golden Indonesia 2045.
As is known, Indonesia is determined to fulfill its global commitment to reduce greenhouse gas emissions by 32% to 43% by 2030 and the Net Zero Emissions (NZE) target by 2060 or sooner. Policies are aimed at a clean energy transition as well as fair, inclusive and sustainable energy.
In the NZE scenario, the Ministry of National Development Planning/Bappenas directs electric vehicles for private 4-wheeled and 2-wheeled vehicles, as well as hydrogen energy for heavy vehicles such as buses and trucks.
Jaeseung Lee revealed his plan, that the implementation of electric-based public vehicles will also be implemented in other areas in stages.
“Currently, the world is focused on adopting zero-emission technology, including in the transportation sector. GGGI is trying to support the government in adopting e-buses, starting from Bali Province and later replicating it to other regions in Indonesia,” explained Jaeseung.
Previously, the Indonesian Minister of Finance, Sri Mulyani Indrawati, revealed that Indonesia’s plans for energy transition would require quite a lot of money.
For example, for early retirement of coal fired power plants, it would require around US$15.9 billion. On the other hand, Indonesia also continues to formulate various regulations to support this climate agenda.
Indonesia has launched a carbon market which is a step towards trying out the energy transition.
“As Minister of Finance, I will continue to strive to push forward this climate agenda from a financial and fiscal policy perspective in Indonesia. Without financial resources and financing, the climate agenda will only be the climate agenda. Let’s take action now!” he said at COP28 in early December 2023. (AT Network)
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