Enviro News Asia, Jakarta — Prabowo Subianto stated that Indonesia is positioning itself to capitalize on opportunities arising from ongoing global geopolitical tensions, while accelerating strategic initiatives, particularly in the renewable energy sector.
The statement was delivered during a briefing with ministers and senior officials at the Presidential Palace in Jakarta on April 9, 2026.
He acknowledged that the current global crisis presents significant challenges but emphasized that it also offers opportunities for Indonesia to strengthen its economic resilience and accelerate development programmes.
The President highlighted the importance of speeding up the transition from fossil fuels to renewable energy, noting Indonesia’s abundant natural resources, including biomass from agricultural products, forest residues, urban waste, and algae, which can be developed into bioenergy sources.
He added that Indonesia has strong potential to produce bioethanol from crops such as corn and cassava, supporting the country’s goal of achieving energy self-sufficiency.
The government aims to increase the share of renewable energy in the national energy mix from 12 percent in 2024 to 34.3 percent by 2034, as outlined in the Electricity Procurement Business Plan issued by the Ministry of Energy and Mineral Resources.
In addition to energy transition efforts, the President pointed to plans for establishing a special financial center to strengthen Indonesia’s position as a global investment destination. The proposal, introduced by Luhut Binsar Pandjaitan, is expected to attract capital flows seeking stable markets amid global uncertainty.
He noted that Indonesia remains relatively resilient to global energy supply disruptions, as much of its oil and gas trade does not pass through the Strait of Hormuz, allowing greater flexibility in securing alternative supply routes.
The government has also implemented short-term measures to manage energy consumption, including workplace transformation policies and nationwide energy-saving campaigns.
The President expressed confidence that Indonesia’s economic fundamentals remain stable and capable of withstanding global pressures, while continuing to pursue long-term development goals. (*)
