The need for investment in New and Renewable Energy or EBT to achieve the net zero emission target or zero carbon emissions in 2060 requires a cost of around 1,108 billion US dollars. Until now, the potential for EBT that Indonesia has only utilized is 2 percent.
Read more on Kompas.
Indonesia holds the mandate as the 2023 ASEAN Chairmanship. One of the important points in the event is related to climate change and the commitment of Southeast Asian countries to make a clean energy transition.
Read more on KumparanBISNIS
Even though the selling price of the commodity has decreased, investment flows in the coal sector are still heavy due to high production needs.
Read more on Tempo
Subsidy assistance and incentives from the government for electric vehicles are in the spotlight after Anies Baswedan, a presidential candidate in the 2024 election, criticized this policy.
Read more on CNN Indonesia
The Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan recently expressed his frustration at Singapore.
Read more on CNBC
The ASEAN Taxonomy Board (ATB) published the second version of the ASEAN Taxonomy for Sustainable Finance (ATSF v2) in March 2023.
Read more on Kompas.
The transition from fossil-fuel vehicles to electric vehicles is one of the Indonesian Government's efforts to curb global warming.
Read more on Kompas.
Guides such as the Indonesian Green Taxonomy to the second version of the ASEAN Taxonomy for Sustainable Finance are essential in financing the energy transition. However, regulatory and institutional strengthening is still needed to accelerate the growth to more optimal clean energy.
Read more on Kompas.