{"id":7295,"date":"2025-07-07T15:41:38","date_gmt":"2025-07-07T15:41:38","guid":{"rendered":"https:\/\/berdayahub.com\/?p=7295"},"modified":"2025-07-07T15:47:45","modified_gmt":"2025-07-07T15:47:45","slug":"idr1-6-billion-to-supercharge-local-clean-energy-climate-solutions","status":"publish","type":"post","link":"https:\/\/berdayahub.com\/id\/idr1-6-billion-to-supercharge-local-clean-energy-climate-solutions\/","title":{"rendered":"IDR1.6 billion to supercharge local clean energy & climate solutions"},"content":{"rendered":"
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\n\t\t\t\t\t\t\tJakarta, 2 July 2025 \u2013 Up to 15 early-stage climate and clean energy startups will\nbe eligible to win grants totaling IDR 1.6 billion (US$98,000), as well as mentoring\nand access to investors under a new program to support innovation across\nIndonesia.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\tThe KINETIK NEX startup incubation program is led by New Energy Nexus and\nsupported by KINETIK, the Australia-Indonesia Partnership for Climate, Renewable\nEnergy and Infrastructure.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\tFive start-ups will be awarded funding for a total of IDR 1.6 billion to pilot their climate\nsolutions.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\tThe program will end with [RE]Spark, a clean energy and climate startup festival,where\nselected startups from the cohort will pitch their climate solutions to potential partners and investors. Under the program, journalists will also be trained in climate and clean energy reporting.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\tThe KINETIK NEX aims to support Indonesia\u2019s pledge to reach net-zero emissions by\n2060 or earlier. Climate startups, which are critical to solving local challenges with homegrown solutions, continue to face barriers in accessing capital, market\nopportunities, and regulatory support. The initiative will prioritize women-led startups\nand those based in Eastern Indonesia.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\tAccording to a recent Climate Policy Initiative report, achieving Indonesia's net-zero electricity target by 2060 will require renewable energy financing to increase more than five times, from around US$3 billion per year to approximately US$16 billion annually.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\u201cIndonesia\u2019s clean energy transition cannot succeed without empowering local\ninnovators and ecosystem builders. Indonesia had huge clean energy potential, but fossil fuels still powered 80% of the\ncountry\u2019s electricity. Through KINETIK NEX, we\u2019re helping diverse startups to thrive and\nenabling local communities to drive clean energy solutions. This is about unlocking talent and ideas from every corner of Indonesia, and making the energy transition inclusive, equitable, and locally driven.\u201d\t\t\t<\/p>\n\t\t\t\t\t\t\t