Emission Reduction Target in the Indonesia Updated NDC Failed to Reflect the Urgency of Climate Crisis

Jakarta, 30 July 2021 - Despite targeting carbon neutrality by 2060 or earlier in the Nationally Determined Contribution (Updated NDC) and Long-term Strategy on Low Carbon and Climate Resilience (LTS-LCCR 2050) documents submitted to the UNFCCC, the Institute for Essential Services Reform (IESR) views that the emission reduction target is still not in line with…

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Local Government Has a Great Potential to Develop Regional Bonds for Green Development

Apart from the APBN (National Income and Expenditure Budget) and APBD (Regional Income and Expenditure Budget), local governments can now innovate to finance its infrastructure spending, especially those related to Sustainable Development Goals (SDGs), by issuing regional bonds and/or regional sukuk as a source of sustainable finance. Istiana Maftuchah, Representative of the OJK (Financial Services…

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Indonesia Needs Specific Strategy to Develop Hydrogen For Decarbonization

Several countries and large companies today have committed to becoming carbon neutral (net-zero emission) by 2050. The declining cost of solar and wind, the two sectors predicted to become the backbone for decarbonization, opens the opportunity for the realization of this commitment. Moreover, the electrification of the transportation system and hydrogen development, also become important…

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CASE Indonesia Encourages Synergy of Multi Stakeholders for Energy Transition in Indonesia

CASE (Clean, Affordable, and Secure Energy) project embraces many parties to encourage the energy transition in Indonesia by conducting online discussions within operational planning workshop for 3 days (February, 22-24 2021). Stakeholders from various government agencies, financial institutions, academia, and civil society organizations, shared their opinion and ideas about the activities they have undertaken to…

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The Need for Supportive Policy for the Indonesian Electric Vehicle Development

In 2019, the government issued Presidential Decree 55 of 2019 concerning the Acceleration of Battery-Based Electric Motor Vehicles (KBLBB). The Presidential Decree stated that the achievement targets for electric car production are 2200 and 2.1 million electric motorbikes by 2025. It is an ambitious target to achieve, considering that currently the electric vehicle ecosystem in…

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Otosia | Indonesia Have to Learn from China in Developing Electric Cars

OTOSIA.COM - Indonesia is arguably trying to be able to produce its own electric vehicles. This includes developing electric car batteries that can be produced domestically. According to the Executive Director of the Institute for Essential Service Reform (IESR), Fabby Tumiwa, the Indonesian government must learn from Norway, the United States and China to develop electric…

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