Defining Just and Ensuring JETP Commitment

Jakarta, 18 April 2023 - Addressing the climate change issue needs not only commitment but it requires a huge amount of resources. Financing has become one of the biggest challenges for countries like Indonesia which rely on coal plants and need to transform them into renewable-based power generation to cut emissions from the power sector.…

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The Launching of “Indonesia Sustainable Finance Outlook 2023”

Jakarta, October 17, 2022 - Institute for Essential Services Reform (IESR) launched its latest flagship report titled Indonesia Sustainable Finance Outlook (ISFO) 2023 . This report is part of the Indonesia Energy Transition Outlook (IETO) which will be launched in December 2022. ISFO 2023 specifically discusses the development of energy transition financing in Indonesia.…

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Bisnis | Financing Indonesia’s Coal Phase Out Still Lacking, IESR Suggest

The Institute for Essential Services Reform (IESR) proposes a financing structure for an early retirement program for coal-based steam power plants (PLTU) combined with a new renewable energy (EBT) investment plan. The proposal is to accommodate the policies of several countries and international financial institutions that cannot fund the early retirement program for the fossil…

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press release

First-ever just transition plan for coal retirement in Indonesia finds a feasible pathway for a 2045 phase-out

An accelerated plant-by-plant retirement strategy makes solidifying a 2045 coal phase-out target possible.  Internationally assisted phase-out and a coordinated national approach will support Indonesia’s 2050 net-zero goal and a 1.5ºC global pathway. Jakarta, Indonesia; Maryland, United States, August 2, 2022—A new first-ever analysis released today by the Center for Global Sustainability (CGS) at the University…

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press release

Coal Funding Discontinued, Southeast Asian Countries Must Plan the Energy Transition Measures

Jakarta, 1 August 2022 –Climate mitigation actions by encouraging the use of renewable energy have led countries that fund coal-fired power plants (CFPP) to shift their investment to renewable energy. This transformation will bring implications and challenges that need to be worked on by the countries that have been the destination for fossil energy investment…

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