<![CDATA[The post-Paris Agreement transformation of global energy governance necessitates a fundamental reorientation in the relational dynamics between advanced industrialized economies and developing nations. Among the most salient manifestations of contemporary climate diplomacy is the Just Energy Transition Partnership (JETP), negotiated between the Government of Indonesia and the International Partners Group (IPG). This article critically examines the institutional dynamics, effectiveness, and structural frictions inherent in Indonesia's JETP through the theoretical lens of Neoliberal Institutionalism. Employing a descriptive-qualitative approach rooted in extensive library research and policy document analysis, this inquiry explores how JETP operates as a minilateral climate regime. The analytical findings reveal that while JETP has successfully institutionalized policy coordination, mitigated technical information asymmetries, and lowered transactional costs, its substantive efficacy remains hampered by systemic inequalities. The disproportionate reliance on commercial debt instruments over non-repayable grants has exacerbated domestic apprehensions over fiscal sovereignty costs. Simultaneously, contentious negotiations regarding off-grid captive coal-fired power plants powering nickel smelters illuminate the intractable friction between national developmental imperatives and global decarbonization norms. Ultimately, this partnership illustrates that international institutions can effectively orchestrate technical governance, yet struggle to resolve the deep-seated dilemma of distributive climate justice between the Global North and Global South.]]>
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