Moving in the opposite direction from the rest of the world, Indonesia plans to lower its renewable energy ambitions by 2030. The new governing administration needs to make effort to ensure that even the reduced targets are met.
The COP28 president needs to deliver his promise to bridge the Global South’s annual US$1 trillion shortfall in climate financing. He can start by endorsing a levy on windfall oil revenues on petroleum states.
Indonesia wants to increase its use of electric vehicles but tax incentives have had a fairly limited impact. The cost of rolling out public charging stations and other supporting infrastructure is a challenge.
The transition towards sustainable practices in heavy industries such as steel and cement production is a challenging task. It is called one of the ‘hard to abate’ sectors for this reason.