President Jokowi Applauds Indonesia-ADB Partnership, Urges Energy Transition Support

President Joko Widodo lauded the enduring 57-year partnership between Indonesia and the Asian Development Bank (ADB), particularly in navigating various crises, including post-pandemic economic recovery. Expressing gratitude for the longstanding collaboration, President Widodo emphasized the need to bolster this relationship, especially in advancing Indonesia’s energy transition agenda.

During a bilateral meeting with ADB President Masatsugu Asakawa on the sidelines of the 10th World Water Forum High-Level Conference at the Bali International Convention Center (BICC) in Badung Regency, Bali Province, President Widodo remarked, “We appreciate the partnership that has been running for 57 years between Indonesia and the Asian Development Bank (ADB). This cooperation needs to be enhanced to support the energy transition in order to realize Indonesia’s commitment to reduce emissions.”

Highlighting Indonesia’s dedication to emission reduction targets and the energy transition process, President Widodo stressed the importance of support from partner countries and international institutions such as ADB. “I appreciate ADB’s support in energy transition projects in Indonesia, including coal-fired power plant projects which were stopped early. I also invite other ADB members to invest in development projects for the new capital city, Nusantara,” said President Widodo.

Moreover, President Widodo underscored Indonesia’s commitment to replenishing the Asian Development Fund (ADF) 14, emphasizing its positive impact on the Asia Pacific region. “Indonesia needs to play a bigger role in the ADB leadership structure in the future,” he added, recognizing the strategic significance of Indonesia’s role in the region.

In response, ADB President Masatsugu Asakawa affirmed his support for Indonesia’s proposals and aspirations. He pledged to continue supporting Indonesia in addressing challenges, including the energy transition and sustainable infrastructure development. “ADB will continue to support Indonesia in joint efforts to face regional challenges, including the energy transition and sustainable infrastructure development,” stated Asakawa.