(Indonesia) Making Indonesia’s carbon neutrality a reality (East Asia Forum)

Abidah Setyowati, Delft University of Technology, writes for East Asia Forum: In May 2021, Indonesia’s biggest utility company, Perusahaan Listrik Negara (PLN), pledged to phase out fossil fuels by 2060 in order to achieve carbon neutrality. The announcement marks a dramatic shift in the country’s electricity policy that has long been dependent on fossil fuels, especially coal. It is a sign that decisions by major lenders — including Japan, South Korea and the Asian Development Bank — to divest from coal have severely restricted the country’s options for financing coal plant infrastructure.

go to East Asia Forum website: Making Indonesia’s carbon neutrality a reality | East Asia Forum