House Bill 7705, the low carbon economy bill, could help the climate-vulnerable nation seize the economic opportunities that come with decarbonisation.
As the only multilateral institution charged with maintaining global financial and fiscal stability, the IMF’s role is critical for addressing climate change.
A new international tax taskforce is exploring tax policies that could finance sustainable development and climate action. This could pave the way for a fair taxation system that would accelerate a just transition.
Non-populist policies pose risks for politicians. Prabowo Subianto, who has claimed victory in the Indonesian presidential elections, is looking at creating five million green jobs, but stops short of pledging to phase out fossil fuels subsidies.