Indonesia will still be using coal by 2060, alongside emerging energy sources such as hydrogen and ammonia, policymakers said at an event in Jakarta. Indonesia has the potential to be a regional renewables powerhouse, but barriers such as fossil fuel subsidies are slowing the transition.
Co-led by two senior South Pole staff, the Singapore-based Asia Centre of Carbon Excellence seeks to grow nascent decarbonisation projects in the region, such as early coal phase-out, greener shipping fuels and carbon capture and storage.
The new research findings coincide with Malaysia’s launch of its renewable energy exchange platform and new guidelines for the export of clean energy to neighbours Singapore and Thailand.
China’s annual lianghui (两会) – also known as the “two sessions” – ended on 11 March, drawing the curtain on a key political event that saw limited climate targets set for 2024.