IDX Channel | Trillions of Energy Subsidy Considered as Barrier to Transition to Renewable Energy

Fabby Tumiwa, Executive Director of IESR, said that ending fossil fuel subsidies will create a level playing field for renewable energy. Moreover, fossil energy subsidy funds will be much more beneficial if they are diverted to the most vulnerable communities, building education and health facilities, developing renewable energy, and accommodating the impact of the energy…

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Katadata | Expert: Indonesia’s NRE Transition Delayed by The Amount of Fossil Energy Subsidy

At the beginning of the pandemic, the G20 countries spent at least USD 318.84 billion to support fossil energy, and fossil subsidies were counterproductive to efforts to make the energy transition and achieve decarbonization. These subsidies can be diverted to help accelerate the energy transition to reach 23% renewable energy by 2026. Read more at Katadata

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