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Indonesia has no shortage of renewable energy ambition. What it lacks is capital, execution and, above all, trust.

For years, successive governments have promised a green transition. The targets have become increasingly ambitious, culminating in President Prabowo Subianto’s pledge to accelerate Indonesia’s energy transition and build up to 75 gigawatts of renewable energy capacity in the coming decades, a plan that could require at least US$235 billion in investment.