Indonesia needs Rp3,779 trillion to tackle climate change: Minister
Jakarta (ANTARA) – Indonesia will need an investment of Rp3,779 trillion instead of Rp3,461 trillion projected earlier to address climate change and reduce carbon dioxide emissions by 2030, Finance Minister Sri Mulyani Indrawati has said. “It is an extraordinary high number and that’s only for needs in Indonesia,” she said during an online discussion […]
Indonesia begins work on Southeast Asia’s largest floating solar plant
JAKARTA, Aug 3 (Reuters) – Indonesia will begin work on a 145 megawatt (MW) floating solar power project, the largest in Southeast Asia, after state power utility Perusahaan Listrik Negara (PLN) and Masdar of United Arab Emirates agreed financing for the project on Tuesday.
BGRIM debenture funds allocated to green energy drive
B Grimm Power Pcl (BGRIM), Thailand’s leading industrial energy producer with growing overseas presence, has hailed its green debentures offerings as a great success.
Indonesia needs $312b to make good on carbon pledge: Minister
Indonesia needs to invest US$312 billion to reach its target for reducing greenhouse gas (GHG) emissions by 2030, according to Finance Minister Sri Mulyani Indrawati.
Indonesian coal output to fall as renewables rise
Indonesian coal output could decline by as much as 47pc from 610mn t in 2019 to 322mn t by 2050 under a low carbon scenario compatible with the Paris Agreement (LCCP) target, according to a long term projection by the United Nations Framework Convention on Climate Change (UNFCCC).
Grab starts carbon credit initiative
Grab has initiated a carbon-credit programme for passengers to help offset emissions from its vehicles. According to Wildlife Conservation Society (WCS) Cambodia, when booking a ride, users are prompted to manage their carbon neutral settings. Turning on the setting enables a voluntary contribution of $0.025 per ride, which is then used to offset the carbon […]
Will back Indonesia’s efforts towards sustainable economic growth: ADB
Jakarta (ANTARA) – Asian Development Bank (ADB) president Masatsugu Asakawa has thrown his weight behind Indonesia’s efforts to usher in sustainable economic growth. “ADB will fully support Indonesia through knowledge and partnership in ADB’s sovereign and private sector operations,” he said at an International Climate Change Conference (ICCC) in Jakarta on Thursday.
Global investors to continue to invest in renewable energy
MANILA, Philippines — Global debt and equity investors continue to pour in capital into the renewable energy sector, which is consistently providing investment opportunities despite the ongoing COVID-19 pandemic, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
