The think tank Institute for Essential Services Reform (IESR) estimates that greenhouse gas (GHG) emissions from the industrial sector will increase three to four times by 2060 if no intervention exists.
Read more on Kompas.
Jakarta, October 25, 2023 - The Institute for Essential Services Reform (IESR) and the Lawrence Berkeley National Laboratory (LBNL) have released a roadmap and policy recommendations for industrial decarbonization to achieve net zero carbon emissions (NZE). This report focuses on five industrial sectors: cement, iron and steel, pulp and paper, ammonia, and textiles, which are…
Jakarta, October 24, 2023 - Accelerating the early retirement of coal-fired power plants (CFPPs) and establishing renewable energy-based power plants is crucial to achieving our energy transition targets. The government has released financing guidelines outlined in the Regulation of the Minister of Finance (PMK) Number 103 of 2023 to facilitate this process. This regulation aims…
Blended financing, which combines multiple sources of funding, such as philanthropy, public, and private funds, is considered crucial in the energy transition. This financing scheme will make energy transition projects economically viable and attract more private investments, eventually turning the projects commercial.
Read more on Kompas.
During a bilateral meeting with his Chinese counterpart Xi Jinping in Beijing, President Joko "Jokowi" Widodo asked for support in developing renewable energy in Indonesia.
Read more on Jakarta Post.
Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, mentioned that Indonesia needs approximately US$1 trillion in funding to achieve net zero emissions (NZE) by 2060. According to him, this funding is crucial and serves as the backbone for the energy transition in Indonesia.
Read more on Tempo.
To mark the 10th anniversary of the launch of the Belt and Road Initiative (BRI), China once again hosted the third Belt and Road Forum for International Cooperation in Beijing on October 17-18, 2023. China adopted the theme "High-Quality BRI Cooperation: for Joint Development and Prosperity" for this year's forum.
Read more on Kontan.
Jakarta, October 20, 2023 - Indonesia, as the chair of the Association of Southeast Asian Nations (ASEAN) in 2023, has achieved significant progress in climate and energy transition issues, including the launch of ASEAN Taxonomy for Sustainable Finance (ATSF) Version 2 and the ASEAN Carbon Neutrality Strategy. The Institute for Essential Services Reform (IESR) appreciates…
Jakarta, October 20, 2023 - Climate change has become a significant global issue in the 21st century. Reducing greenhouse gas (GHG) emissions and achieving Net Zero Emission (NZE) have become essential objectives. To achieve NZE, switching from fossil fuel-based energy sources like coal to clean and sustainable energy sources is crucial. Therefore, a necessary step…
Jakarta, October 18, 2023 - President of the Republic of Indonesia (RI) Joko Widodo (Jokowi) in his speech at the opening ceremony of the 3rd Summit of the Belt Road Forum (BRF) at the Great Hall of the People, Beijing, emphasized that the synergy of the belt and road initiative (BRI) needs to be strengthened…
Jakarta, October 17, 2023 - Marking the 10th anniversary of the Belt and Road Initiative (BRI) launch, China is hosting the third BRI International Cooperation Summit or Belt and Road Forum in Beijing on October 17-18, 2023. China's theme is "High-quality BRI Cooperation: for Common Development and Prosperity" at this year's summit. The Institute for…
On 8-11 August 2023, Kompas Research and Development held an opinion poll regarding energy transition in Indonesia. When asked whether respondents were aware that the Indonesian Government was intensively carrying out energy transition activities from fossil to renewable energy, 65.7 percent answered that they did not know. However, when asked whether respondents knew about the issue of global warming which…