Indonesia Needs to Catch the Opportunity to Finance Transition
25 November 2021
Green Economy
Committed to transforming Indonesia’s economy towards a low carbon economy while maintaining high economic growth.
Introduction
The Green Economy Program aims to transform the Indonesian economy, moving towards economies that emit fewer greenhouse gases while maintaining high economic growth. There are three channels in this program: the transition to fossil fuels, energy efficiency, and climate change mitigation. Therefore, the specific objectives of the program are thematically: (1) raising awareness of the urgency to move away from fossil fuels in the Indonesian energy system; (2) optimize the application of energy efficiency that leads to Indonesia’s energy decarbonization system; (3) strengthening domestic climate change mitigation policies.
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