Developing countries like Indonesia still need large funding to improve energy transition as an effort to overcome the climate crisis. However, funding commitments without realization will not be enough. Indonesia also needs to prepare its political policies internally.
Read more on Kompas.
Starting from 2019, the global average temperature has increased by 1.1 degrees Celsius, which is hotter than the pre-industrial period of the 1850s. The increase in temperature on the earth’s surface is an indication of an increase in the concentration of greenhouse gases, including carbon dioxide (CO2), methane (CH4), and nitrogen monoxide (N2O), which is trapped in the atmosphere.
Indonesia is not yet seen as a leader in the global climate change agenda because until now a number of environmental problems still occur, such as deforestation or destruction of forests and mangroves. Indonesia’s influence is still less than Brazil and India.
Read more on Koran Jakarta.
The Jakarta-Bandung High Speed Railway (KCJB) or Whoosh has served a total of 1,028,216 passengers during its two months of commercial operation, from October 17 to December 25, 2023.
Read more on Kompas.com.
BUMN Bank has a role as a positive catalyst to encourage other national banks to support financing energy transition. The government is finalizing a policy of distributing low interest credit through state-owned banks as a stimulus for the renewable energy ecosystem from the supply side.
Read more on Kompas.
The Ministry of Energy and Mineral Resources has identified and mapped three types of ocean energy potential as EBT, including tidal power, wave energy, and ocean thermal energy conversion (OTEC).
Read more on IDX Channel.
The realization of energy subsidies and compensation in 2023 is likely to be slightly lower than the budgeted ceiling in the 2023 State Budget of IDR 339.6 trillion.
Read more on Kontan.
Two issuers in the new and renewable energy sector, PT Barito Renewables Energy Tbk (BREN) and PT Pertamina Geothermal Energy Tbk (PGEO), are competing to expand their business to develop capacity and accelerate growth. Their expansion has sparked euphoria among investors for their shares.
Read more on Bisnis Indonesia.
Minister of Mines and Energy in 1998-1999 Kuntoro Mangkusubroto died at Cipto Mangungkusumo Hospital, Jakarta, Sunday (17 /12/2023) at 01.03. Throughout his life, Kuntoro, who once served as Head of the Aceh-Nias Rehabilitation and Reconstruction Agency, was known as a figure of integrity and worked without the limelight or freneticism.
Read more on Kompas.
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