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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