Energy transition in Indonesia must be carried out comprehensively, not only limited to the electricity sector but also targeting other sectors.
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Dozens of young people from different countries and races hold yellow balloons with mobile phone flashlights directed at the end of the balloons. In front of the line, a blackboard with LED lights forms capital letters into the sentence "END THE FOSSIL ERA".
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The high demand among investors for renewable energy issuers in the capital market is a positive indicator.
Read more on Bisnis Indonesia.
Indonesia has decided to move ahead with plans to develop nuclear power some six decades after launching its first research reactor in Bandung, West Java, but experts believe safely deploying nuclear technology in the country will take a lot of time.
Read more on Jakarta Post.
Implementing Environmental, Social, and Governance (ESG) practices has become a pressing need for various industrial sectors. This is because ESG is a fundamental pillar in a framework that aims to identify non-financial risks and opportunities in a company's routine. The application of ESG seeks to balance the profit orientation of the business with social and…
The Institute for Essential Services Reform (IESR) sees that the slow progress in developing renewable energy in Indonesia in recent years may affect achieving the 23% renewable energy mix target by 2025.
Read more on Kontan.
Indonesia's carbon trading initiative is yet to gain momentum. Despite its launch by President Joko Widodo on September 26, 2023, the total trading value on the Indonesian carbon exchange has only reached Rp30.7 billion. The trading volume so far has been 490,716 tons of carbon dioxide equivalent (CO2e) until November 30, 2023. Additionally, 71.95 percent…
The target of using 15 million electric vehicles by 2050 is predicted not to be achieved. Incentives for electric vehicles are considered still small so that it does not attract people to use electric vehicles.
Read more on Kata Data.
The Cirebon 1 Coal Fired Power Plant (CFPP) will have its operational life shortened by seven years, and it is now expected to operate only until December 2035 instead of July 2042. The project has secured funding commitments from the Energy Transition Mechanism (ETM) scheme, and the transaction is expected to be finalized in the…
President Joko “Jokowi” Widodo’s call for more support from rich countries for their developing counterparts in tackling the climate crisis has left environmentalists unimpressed, who criticize the speech for “giving nothing new” despite global putting pressure on countries to do more to avoid the worst impacts of the crisis.
Read more on Jakarta Post.
The day before the opening of the 28th Climate Change Conference or COP28 in Dubai, United Arab Emirates (UAE), Thursday (30/11/2023), a press release circulated regarding the resignation of the current President of COP28 this, Sultan Al Jaber, from the position of Chief Executive of Abu Dhabi National Oil Company (ADNOC), the UAE's national oil company.
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The Indonesian government needs to intensify climate diplomacy in various international forums because the threat of climate change is increasingly real. As an illustration, Antarctica and Greenland are currently melting three times faster than in the early 1990s, potentially causing climate chaos in the future.
Read more on Koran Jakarta.