Indonesia’s energy transition crossroads: New administration, old challenges
Indonesia ushered in a new presidential administration, and climate circles around the country and region are speculating what the Prabowo administration means for climate progress. Through the Paris Agreement and its Long-Term Strategy for Low Carbon and Climate Resilience 2050, Indonesia has committed to be a net zero economy, indicating it can be a low-carbon economy by 2060 or earlier. Climate is not the only item on the administration’s agenda.
Three ways Indonesia can enable ocean-based climate action
The approaching COP29 in Baku, Azerbaijan, will spotlight countries’ updated climate commitments to the Paris Agreement – their second nationally determined contributions (SNDCs). SNDCs will set the stage for climate ambition in the next decade and strongly influence the national planning, policy and governance needed to affect change.
05.11.24
Climateworks Centre and the Purnomo Yusgiantoro Center sign MoU supporting low-carbon battery industry
On 17 October 2024, amidst growing global and regional demand for sustainable energy solutions, Climateworks Centre and the Purnomo Yusgiantoro Center entered into a partnership to develop a roadmap for critical mineral processing for the low-carbon battery industry between Indonesia and Australia.
28.10.24
Protecting mangroves and seagrass could boost Indonesia’s new climate targets
Indonesia has signalled it could include blue carbon ecosystems — carbon-rich coastal and marine areas, like mangroves and seagrass — in its new climate targets.
08.08.24
Southeast Asian climate, energy leaders learn from Australian experience
A holistic, multidimensional approach to the energy transition was central to a two-week immersive experience for climate and energy leaders from Indonesia and Vietnam in early 2024. Climateworks Centre hosted 15 leaders for the inaugural Southeast Asia Just Energy Transition Fellowship Program, as part of the Department of Foreign Affairs and Trade’s Australia Awards Fellowships in February.
20.06.24
Climateworks Centre hosts Southeast Asia Just Energy Transition Fellowship program
Fifteen climate and energy leaders from Indonesia and Vietnam have converged on Melbourne for the Southeast Asia Just Energy Transition Fellowship.
19.02.24
Indonesian business and government representatives discuss ways forward for low-carbon energy transition investmentÂ
How can business, finance and government work in harmony in Indonesia for a just transition of the country’s energy system? That was the topic of the ASEAN Energy Business Forum side event ‘Investing in Energy Transition in Indonesia: Bridging the Gap Between Policy and Practice’held in Bali last month. The event provided an opportunity for representatives of renewable energy businesses to share their experiences with policymakers, and vice-versa.
27.09.23
Blue carbon and ocean-based sectors can meet half of Indonesia’s net zero target by 2050: report
Blue ecosystems and ocean-based sectors, such as maritime transport and offshore renewable energy, can contribute 49 per cent of Indonesia’s net zero emissions transition.
13.09.23
Addressing financial and investment barriers to accelerating ASEAN’s clean energy transition
Ensuring Southeast Asia’s energy security and financial stability are among the priorities while Indonesia is ASEAN Chair in 2023. To achieve these goals, the region needs to accelerate and strengthen its clean energy transition through innovative financing solutions. Southeast Asia is a rapidly growing region, accounting for 3.6 per cent of the world’s economy in 2022.
24.08.23
Indonesia can lead the way on ocean-based climate action. New Climateworks analysis and mapping shows how
Baca versi Bahasa Indonesia Ocean-based climate action can deliver up to a quarter of the global annual greenhouse gas emissions cuts pledged under the Paris Agreement.
25.07.23
Analisis dan pemetaan Climateworks menunjukkan peluang Indonesia untuk memimpin aksi iklim berbasis kelautan
Read the English version Aksi iklim berbasis kelautan berpotensi mengurangi seperempat emisi gas rumah kaca (GRK) tahunan global, yang dijanjikan dalam Paris Agreement.
24.07.23
MoU between Monash, Climateworks and the Indonesian Chamber of Commerce and Industry will assist Indonesia’s private sector to decarbonise
KADIN Net Zero Hub has signed a two-year MoU with Monash University, Indonesia and Climateworks Centre to build capacity within Indonesia’s private sector and to accelerate corporate commitment to net zero emissions.
24.04.23
BPKP launches ESG assessment guidelines for Indonesian State-owned enterprises
On Monday 17 April 2023, BPKP (Badan Pengawasan Keuangan Pembangunan) launched its ESG Assessment Guidelines for State-owned Enterprises (SOEs) to help them improve their sustainability reporting practices.
How sustainability disclosure can help Indonesian corporations compete and thrive
To amplify sustainability disclosure and promote corporate integrity, countries in the Asia-Pacific region are progressively refining their regulatory frameworks on corporate sustainability.
05.04.23
Many Indonesians still misunderstand climate change – so how can we change this?
Despite the country’s good progress in addressing climate change, two recent surveys have shown many Indonesians do not understand climate change or its causes.
24.02.23
Climateworks at the G20 in Indonesia
The G20 is the premier forum for international economic cooperation, bringing together the world’s major economies. Several Climateworks staff – experts on just energy transition, sustainable finance and more – headed to Bali to lead, present at, attend and support discussions on climate action.
22.11.22
Governance strategies to mobilise waqf
The potential of waqf, a form of endowment under Islamic law, to finance the clean energy transition in Indonesia is vast.
22.11.22
What is waqf and how can it help finance Indonesia’s clean energy transition?
Islamic endowments, waqfs (pronounced ˈwəkf), have been gaining popularity in Indonesia as a funding source for its national climate goals. During a recent G20 Energy Transition Working Group session in Jakarta, Vice President of Indonesia Ma’ruf Amin instructed his ministers to tap into the potential of waqf, a charitable endowment or donation under Islamic law, to help finance the country’s clean energy transition.
18.10.22
Indonesian ocean project secures involvement of both prominent marine scientist and leading environmental economist
A Climateworks project exploring ocean-based mitigation has secured the involvement of leading regional figures in marine science, climate policy and environmental economics. Professor Luky Adrianto has been appointed as chair of the Indonesian stakeholder steering committee for Climateworks’ Southeast Asia Framework for Ocean Action in Mitigation (SEAFOAM) project.Â
20.09.22
G20 seminar looks at how to finance just energy transition in emerging economies
A G20 seminar series, co-hosted by Climateworks Centre in Jakarta, has explored innovative approaches to financing that can help emerging economies to transition to renewable energy in a fair and sustainable way.
02.08.22
Guiding Indonesia’s BPKP on its role in sustainable development
The Government of Indonesia is bringing to life its commitment of reducing greenhouse gas emissions 29 per cent by 2030. Crucial in achieving this goal will be holding government agencies and state-owned enterprises accountable for these targets.
20.07.22
MoU between Monash, Climateworks and state agency BPKP will assist Indonesia’s transition to a green economy
BPKP, Indonesia’s regulator for state-owned enterprises and key public sector agencies, has taken a significant step towards implementing its environmental, social and governance (ESG) plans, by signing a two-year memorandum of understanding (MoU) with Monash University, Indonesia and Climateworks Centre.
19.05.22
Does Indonesia’s carbon tax have the power to trigger a sustainable market shift?
In the middle of the year, the Indonesian government will put its carbon tax into practice through a pilot program directed at coal-fired power plants, but it’s yet to be determined how much it will reduce Indonesia’s greenhouse emissions.
Three things Indonesia needs to ensure the transparency of its emission trading scheme
Indonesia, one of the world’s biggest coal producers and greenhouse emitters, plans to launch its pilot emissions trading scheme in July, which can possibly lead to the implementation of the first national carbon market in Southeast Asia.
Indonesia is set to launch its pilot emissions trading scheme. Here’s what we know
Emissions trading schemes allow firms to trade emission rights. Firms with low abatement costs will be given incentives to reduce emissions and sell their emission permits to firms with high abatement costs, enabling an economy to achieve emission reductions in the least cost manner.
Nations with developing economies are eager to decarbonise, they just need the finance they were promised
There is no lack of understanding in how such funds would be put to good use: Our Investment Vision Guide developed last year offers a template for how investment, once delivered, can be strategically applied.
Three steps Indonesia can take to create a solid domestic carbon market
As one of the world’s largest emitters of greenhouse gases and the fourth-largest coal producer, Indonesia must continue pursuing its efforts to create a domestic carbon market.
Chasing Southeast Asia’s green future
Climateworks recently brought together an expert panel to discuss the outlook for ASEAN nations, given their key trading partners have all pledged to net-zero by mid-century.
Indonesia raises their net zero ambition – can they be a leader for climate commitments in Southeast Asia?
Guntur Sutiyono is our Country Lead for Indonesia.Alin Halimatussadiah is LPEM-FEBUI Head of Environmental Economics Research Group. Indonesia’s new long term low-carbon and climate resilience strategy – which includes aspirations to reach net zero emissions by 2060 or sooner – is a sign the nation can be a leader for climate ambition.
Raising Indonesia’s net zero ambition: the pivotal role of energy systems in setting and reaching a net zero target
Indonesia has pledged to reach net zero by 2070. But recent developments suggest Indonesia could raise its net zero ambition to 2060, or even sooner with international support.
Leaders Summit on Climate: Nations step up commitments, but what does it mean for countries in our region?
Last week, United States President Joe Biden hosted the Leaders Summit on Climate. The President invited 40 leaders from around the world, including 17 countries from the US-led ‘Major Economies Forum on Energy and Climate’ – responsible for close to 80 per cent of global emissions and gross domestic product. Other invitees included leaders from nations demonstrating strong climate leadership, those especially vulnerable to climate impacts, or those charting innovative pathways to a net-zero economy.
Indonesia has set an ambitious target for electric vehicles: what factors can support the nation’s shift to an electric-dominated transport sector?
By Dr. Emi Gui, Senior Project Manager; and Farraz Theda, intern. Despite ambitious targets and financial incentives, what an electric-vehicle dominated transport sector could look like for Indonesia is not well understood.
Climateworks International team revs up
Meg Argyriou, Climateworks Head of International Programs, and her team have been running and participating in panels and events around the world. Meg visited Indonesia to sit on a panel for the Indonesian Ministry of Environment and Forestry’s long term strategy.
