Coal as Stranded Assets: Potential Climate-related Transition Risk and Its Financial Impacts to Indonesia Banking Sector

An important issue to be discussed at the G20 Summit Based on the Task Force on Climate-related Financial Disclosures (TCFD), transition risk is one of the financial risks that can arise from the process of adjusting to a low-carbon economy, both from policy/legal, technology, market, and reputation risks. One of the financial impacts of these…

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IESR: Indonesia Capable of Achieving Zero Emissions by 2050, Government Must Fully Commit to Realizing Energy Transition

Jakarta, 28 May 2021 - The Institute for Essential Services Reform (IESR), a think-tank that focuses on renewable energy and environmental issues, launched its latest study entitled, "Deep Decarbonization of Indonesia's Energy System: a Pathway to Zero-Emission by 2050". This study is a collaboration between IESR, Germany's Agora Energiewende, and Finland's Lappeenranta University of Technology…

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Integrating the Biofuel Development Planning in the Long-Term Strategy of Indonesia’s Energy Transition

Jakarta, May 4, 2021- Since the early 2000s, Indonesia's oil production has continued to decline. To meet domestic oil demand, the Indonesian government has imported oil. Therefore, the government has also sought to find alternative fuels. Biofuel is one of the government's focuses to be developed and became the mainstream of Indonesia's energy policy. "There…

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On Climate Crisis, Accelerating Energy in Indonesia is a Must

Jakarta, 27 April 2021 - Indonesia can protect the earth from carbon emissions by encouraging the acceleration of renewable energy development. The urge for the government to be more confident, courageous, and ambitious in developing clean energy was voiced in the discussion and book soft-launching "Footprints and Pathway for Indonesia's Renewable Energy" by Kompas journalists…

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Ambitious Climate Commitment and Deliberative Policy Formulation are Keys for Indonesia to Achieve Carbon Neutral #Before2070

Jakarta, 9 April 2021.  The government through the Ministry of Environment and Forestry (KLHK) recently announced a Long-Term Strategy to achieve carbon neutrality and climate resilience. The strategy stated that Indonesia will become carbon neutral in 2070. As indicated on the strategy document, Indonesia's emissions are targeted to reach a peak in 2030. In the…

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IESR and Unhan (University of Defense in Indonesia) Sign a Memorandum of Understanding for Renewable Energy Development

Bogor, 30 March 2021 - Institute for Essential Services Reform (IESR) signed a memorandum of understanding for cooperation with Pertahanan University (Unhan). This collaboration aims to showcase each other's potential in research and community service on renewable energy and energy security. Pertahanan University is opening a vocational school located in Atambua, East Nusa Tenggara. One…

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We Discover Indonesia has Higher Technical Potential of Solar Energy, IESR Encourages the Government to Update Renewable Energy Potential Data

March 18, 2021 -- Indonesia has a higher solar power technical potential than 207 GW, which the official data released by the Indonesian government through the Ministry of Energy and Mineral Resources in 2017. Institute for Essential Services Reform (IESR), in collaboration with the Global Environmental Institute (GEI), presented the result of their research in…

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