Could Wealthy Nations Fund The Energy Transition In Emerging Markets?

As emerging markets continue to add capacity to generate renewable energy, some of the world’s wealthiest countries could help fund their energy transitions. In recent months officials from a number of developed nations have visited Indonesia to discuss the country’s decarbonisation efforts. This included the visit of Janet Yellen, the US secretary of the Treasury, who met with Luhut Binsar Pandjaitan, Indonesia’s coordinating minister for maritime affairs and investment, in late April to discuss the potential for an accelerated…