How Important is it to Allocate State Funds to Early Retirement of Coal-Fired Power Plants?

Jakarta, October 24, 2023 - Accelerating the early retirement of coal-fired power plants (CFPPs) and establishing renewable energy-based power plants is crucial to achieving our energy transition targets. The government has released financing guidelines outlined in the Regulation of the Minister of Finance (PMK) Number 103 of 2023 to facilitate this process. This regulation aims…

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Tempo | Funding Becomes a Crucial Issue in Energy Transition, IESR Proposes Financing Partnership between Indonesia and China

Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, mentioned that Indonesia needs approximately US$1 trillion in funding to achieve net zero emissions (NZE) by 2060. According to him, this funding is crucial and serves as the backbone for the energy transition in Indonesia. Read more on Tempo.

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Kontan | IESR Emphasizes the Importance of China’s Financial Support for Indonesia’s Energy Transition

To mark the 10th anniversary of the launch of the Belt and Road Initiative (BRI), China once again hosted the third Belt and Road Forum for International Cooperation in Beijing on October 17-18, 2023. China adopted the theme "High-Quality BRI Cooperation: for Joint Development and Prosperity" for this year's forum. Read more on Kontan.

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Indonesia Can Push the Energy Transition Agenda during Laos’ Chairmanship of ASEAN in 2024

Jakarta, October 20, 2023 - Indonesia, as the chair of the Association of Southeast Asian Nations (ASEAN) in 2023, has achieved significant progress in climate and energy transition issues, including the launch of ASEAN Taxonomy for Sustainable Finance (ATSF) Version 2 and the ASEAN Carbon Neutrality Strategy. The Institute for Essential Services Reform (IESR) appreciates…

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