Renewable Energy Development Needs to be Accompanied by Energy Transition Strategy to Prevent Global Temperature Rise of 1.5 degrees

Jakarta, November 14, 2024 - The Indonesian government plans to build 100 Gigawatts (GW) of power plants with 75 percent of capacity from renewable energy until 2040, which requires an investment of USD 235 billion or Rp3,710 trillion (exchange rate of Rp15,790.62/USD).  The Head of the Indonesian Delegation presented this plan to the…

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Promoting the Value of Carbon Economy as the Future of Sustainability Instrument

Semarang, November 11, 2024 - The Value of Carbon Economy (NEK) policy is an important instrument in dealing with the climate crisis, both in the context of mitigation and adaptation. With this policy, the government and related parties can more effectively strengthen carbon emission reduction initiatives needed to reduce the rate of climate change. NEK…

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Webinar: Green Industry Growth Trends and Green Lifestyle Perceptions of Indonesian Consumers

Replay Event Background The Government of the Republic of Indonesia has created a multi-sector strategy to support the achievement of the Net Zero Emission target by 2060 or sooner. Through the Enhanced NDC document, Indonesia is committed to reducing carbon emissions by 31.89 percent with its own efforts and 43.2 with international assistance by 2030.…

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President Prabowo’s China Visit Expected to Strengthen Indonesia-China Green Economy Cooperation and Energy Transition

Jakarta, November 8,2024 - President Prabowo Subianto made his first state visit to Beijing, China, on November 8-10, 2024, at the invitation of President Xi Jinping. The Institute for Essential Services Reform (IESR) sees this visit as an opportunity to strengthen South-South cooperation to promote green economic development, climate action and energy transition amid global…

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Indonesia Needs to Immediately Establish an Early Retirement of Coal-fired Power Plants Roadmap

Jakarta, November 6, 2024 - Indonesia must promptly establish a roadmap for the early retirement of coal-fired power plants to provide a reference for identifying and developing solutions, anticipating risks, and fostering collaboration between government agencies and financial institutions. The Institute for Essential Services Reform (IESR) highlights that coal-fired power plants are significant contributors…

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Examining Energy Efficiency Practices and Renewables Utilization in Indonesia’s Building Sector

Jakarta, October 30, 2024 - The energy transition is a gradual process with a long duration and requires collaborative efforts from various stakeholders ranging from the national government, sub-national governments, the private sector, and financial institutions to be able to share roles in realizing the energy transition. The building sector is the sector that has…

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Regional Webinar : What Does Climate Finance Mean for Asia? – Lessons Learned from Southeast Asia, East Asia, and South Asia

Background Global temperatures are set to surpass the 1.5°C threshold above pre-industrial levels, a limit established to prevent the most catastrophic impacts of climate change. However, global efforts to reduce greenhouse gas emissions (GHGs) fall significantly short. By 2030, emissions are projected to be reduced by only 11%, far below the necessary goal of halving…

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Strengthening Indonesia-China South-South Cooperation for Energy Transition in Prabowo’s Government

Jakarta, October 22, 2024 - Indonesia has officially welcomed a new leader with the inauguration of President Prabowo Subianto and Vice President Gibran Rakabuming Raka, along with the formation of the cabinet on October 21, 2024. A series of tasks awaits the new government, particularly in accelerating Indonesia's energy transition. This effort aims to prevent…

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Opportunity to Accelerate Energy Transition to Boost Economic Growth to 8 Percent

Jakarta, October 10, 2024—President-elect Prabowo Subianto targets economic growth to increase to 8 percent during his administration. The Institute for Essential Services Reform (IESR) believes that accelerating the energy transition through renewable energy development can support the achievement of this target.  The Executive Director of IESR, Fabby Tumiwa, said that accelerating the energy transition is…

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