Indonesia–US Partnership for Sustainable Renewable Energy (2022–2024): Promoting Sustainable Development and Green Economy
Keywords:
Partnership, Renewable Energy, Green Economy, Sustainable Development, Clean EnergyAbstract
This research aims to analyze Indonesia and The United States cooperations in sustainable renewable energy at 2022-2024 for promoting and supporting sustainable development and green economy. To ensure the comprehensive analysis, this research will utilize two concepts as the foundation. These concepts contain the green economy concept and the sustainable development concept. Green economy concept by Jose A. Puppim which is defined as the growth in the economy should be driven by investment that reduces carbon emissions, enhances energy and prevents the loss of biodiversity and ecosystem. The secondary concept is sustainable development by Sergey and Michal which is defined as increasing responsibility for achieving a balance between current and future needs. This research is a qualitative descriptive method to identify the steps, implementation, and outcomes of the cooperation. Authors use secondary data from official bilateral agreement, government reports, news, journals, and secondary sources from credible institutions. US-Indonesia partnership priority capacity building, technology transfer, and direct investment to support the sustainability of the energy and the environment. In 2023, the United States and Indonesia created an agreement in collaboration in sustainability energy and minerals. This agreement was marked with signing a Memorandum of Understanding that also supported the Energy Resources Governance Initiative (ERGI) and Clean Energy Demand Initiative (CEDI). The partnership between Indonesia and the US reflects a strategic cooperation to reach sustainable energy and to implement the green economy.