The JETP is a green aid package worth up to US$21.5 billion (Rp350 trillion). Over half of the money is coming from IPG, a coalition of rich economies originally co-led by the US and Japan.

Japan in JETP will remain as the co-lead. Whilst, France, which promised to provide 500 million euros (US$520.7 million) in loans, gave its comments on the changing leadership.

“Regarding the future of the JETP, there is still a clear commitment from the international community. We are very thankful for Germany, which is also very committed to this country [Indonesia], with EU’s support, to be on board,” Fabien Penone, French Ambassador to Indonesia said on Wednesday, February 5, 2025.

France and the EU are also mobilizing some funds as part of the IPG apart from the U.S. 's Trump reelection reportedly deciding to back out of its leadership role in JETP Indonesia funding.

“I understand that the U.S. is stepping down as [the JETP] co-lead, but intends to remain engaged in Indonesia’s energy transition. We [EU] welcome that Germany volunteered to step up to take the co-leadership role. We [EU] are fully committed to supporting Germany, … including engaging with the [Indonesian] government,” Thibaut Portevin, Head of Cooperation for the EU Delegation to Indonesia, said.

Meanwhile, the EU and France unveiled a combined grant worth of 14.7 million euros for Indonesia's energy transition. The money will go into Indonesia Energy Transition Facility (IETF) technical assistance program.

IETF will facilitate Indonesia's policymaking in the energy sector, which will assist state-run firms, including Indonesia's state power utility company PLN, in their upcoming feasible renewable energy projects.

Germany's leadership takeover however also comes at a time when the Indonesian government is growing increasingly concerned with the JETP commitments.

Bahlil Lahadalia, Minister of Energy and Mineral Resources (ESDM) said on January 30, 2025 that no JETP money had actually flowed to Indonesia, and even President Prabowo Subianto’s Special Envoy, Hashim Djojohadikusumo, said on February 3, 2025 that JETP was a failure and claimed that the U.S. had not even disbursed a single dollar of JETP aid to Indonesia.