The Knasaimos peoples of the South Sorong Regency in Papua have been granted legal land rights over their indigenous lands. However, enforcing these rights remains challenging, with a lack of political will by the Indonesian government to enact the draft law on Indigenous peoples, and persistent targeting of merbau timber by loggers.
EB Studio
Investing in renewable energy projects via infrastructure debt is “on the vanilla end of the spectrum as an investible asset class”, but financing the managed phase-out of coal for the region – which is more challenging – is equally important in order to meet global net zero targets.
The new law seeks to measure the country's natural resources, and will place more scrutiny on activities with negative environmental impacts such as resource extraction, a key driver of the country’s economic development.