This report has two objectives. Firstly, to provide insight and raise awareness to the relevant stakeholders, especially policymakers and financial institutions, on the risks that will arise from a global energy transition and potentially affect coal investment and Indonesia’s financial system. Secondly, it is expected that the report can be used as a reference to bring the pertinent issue of stranded assets out of coal phase-out into the priority of the G20 finance track in Indonesia’s Presidency in 2022. Thus, other G20 countries will be able to lay more concern and avoid the risks.
Coal as stranded assets: Potential Climate-related transition risk and its financial impacts to Indonesia banking sector