Japan and the US coordinated financial contributions from seven other national governments and the EU, as well as private sector partners.“As one of the largest emitters, this means a lot to global climate efforts to limit warming to 1.5C.”Biden and Xi unshackle Cop27 climate teams to formalise talksIndonesia will aim to peak emissions from its power sector by 2030 rather than the previous target of 2037.Those already under construction are expected to be completed, but others in early stages of development will not go ahead.She told Climate Home: “If we were to allow these [already operating] plants to continue their economic life, then certainly we are out of this Paris Agreement goals of 1.5[C] and even more so if they continued to develop them.”Financial terms unclearRoughly half the $20bn package is to come from governments: the US, Japan, UK, Canada, Denmark, the EU, Germany, France, Norway and Italy.Duarte told Climate Home “this is a first move – a first package of support and more will be needed”."