Anticipating Fossil Energy Stranded Assets

Jakarta, May 31, 2024 - In the face of the climate crisis, the world is increasingly advocating for using renewable energy and pushing for reducing fossil fuel development and usage, particularly coal-fired power plants, which are significant contributors to carbon emissions. As a result, stakeholders must be prepared for the possibility of stranded assets in…

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Report Launching and Discussion : 1.5°C-aligned coal power transition pathways in Indonesia: additional strategies beyond the Comprehensive Investment and Policy Plan (CIPP)

Background Indonesia has ratified the Paris Agreement through Law no 16/2016. As a result, Indonesia is legally bound to contribute to the global struggle to mitigate the climate crisis through ambitious efforts and action in reducing Greenhouse Gas (GHG) emissions and limiting the increase of the average global temperature below 1.5 0 C. In…

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press release

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

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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Economic Transformation of Paser Regency Towards Renewable Energy: Adaptation and Sustainability Solution

Fabby Tumiwa, Direktur Eksekutif Institute for Essential Services Reform (IESR), Paser, May 8, 2024 -Indonesia is trying to reinforce its commitment to renewable energy development to achieve its net-zero emission targets by 2060 or even earlier. These efforts are part of the global initiative to tackle climate change and are expected to significantly impact the coal…

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Workshop and Capacity Building for Media Phase 1

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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