press release

Taxonomy for Indonesian Sustainable Finance Opportunities and Gaps to Support Energy Transition Financing

Press Release17 May 20247KViews0Likes0Comments
Jakarta, May 17, 2024—The Financial Services Authority (OJK) has updated the sustainable finance market guidance from the Indonesian Green Taxonomy (THI) to the Indonesian Taxonomy for Sustainable Finance (TKBI) in February 2024. This taxonomy's objectives include attracting more sustainable finance to various sectors, including the energy sector, and achieving the net zero emission (NZE) target…

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Kompas | Subsidies and Compensation in the Electricity Sector Tend to Increase

Media Coverage16 May 2024459Views0Likes0Comments
Reform of electricity market governance is considered to need to be seen more broadly, as part of efforts to reduce the state's financial burden. The reason is that currently, through subsidies and compensation to PT Perusahaan Pendidikan Negara (Persero), electricity is still very dependent on the state budget. Reform is needed to get electricity prices that are correct and…

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Workshop and Capacity Building for Media Phase 1

8 May 2024510Views0Likes0Comments
Recording Tahap 1 Background Indonesia, the world's largest archipelago, is faced with two major crises: climate change and the energy crisis. The impact of climate change is increasingly felt with the increasing frequency of natural disasters, such as floods, landslides and droughts. On the other hand, the energy crisis is characterized by a high dependence…

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Kompas | Optimize Renewable Energy Acceleration in the Second National Emission Reduction Document

Media Coverage30 April 2024437Views0Likes0Comments
The potential of the renewable energy sector as an instrument for reducing greenhouse gas emissions has not yet been optimized in the second national contribution document for reducing emissions. This condition is unfortunate considering that options for increasing the renewable energy mix are increasingly open and competitive. Read more on Kompas.

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Direktur Eksekutif Institute for Essential Services Reform (IESR), Fabby Tumiwa

Facing the Escalation of the Iran-Israel Conflict: Challenges and Solutions for Indonesia’s Energy Stability

Blog25 April 20241KViews0Likes0Comments
Jakarta, April 24, 2024 - The escalation of the conflict between Iran and Israel has created tensions that could destabilize the global economy, including in Indonesia. The significant issues of concern are likely supply disruptions and an increase in oil prices, particularly since the Strait of Hormuz in Iran is a crucial trade route for…

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press release

Renewable Energy Festival: Encouraging Real Action to Lower Emissions

Press Release22 April 2024463Views0Likes0Comments
Fabby Tumiwa, The Executive Director of IESR on Renewable Energy Festival Jakarta, April 21, 2024 - The increase in global temperature due to increased greenhouse gas emissions has an impact on the climate crisis which triggers an increase in the intensity of hydrometeorological disasters. Based on data from the World Meteorological Organization (WMO), the earth's average…

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