Over 70 per cent of organisations are investing more than 10 per cent of their capital expenditure in low-carbon initiatives as digitalisation and automation take centre stage.
Floating solar deals, cross-border energy plans and a new carbon credit framework highlight early progress, but achieving net zero will require rapid capacity expansion and a more resilient, modernised grid.
Redirecting the energy funding Indonesia receives from China entirely into renewables could mobilise up to US$9 billion over the next decade. But enabling Chinese investment will require stronger industrial policies, a study finds.
Indonesia is the “most blatant example yet of corporate capture by a developing country” at this year’s climate summit in Brazil, a non-profit said. Meanwhile, Indonesia has reaffirmed its 2060 net zero target.
A year-long government “sandbox” study identifies recurring conflicts in solar, aquaculture-solar, micro-hydropower and geothermal projects, prompting policy reforms …