Given its rich agriculture resources, biofuel will be vital for the region's net-zero plans. Solving the feedstock crunch is necessary to meet market demands, which requires careful planning and a supply chain strategy.
The region’s claim to being one of the lowest emitters will ring hollow in the coming decades as it continues to experience high population and economic growth. The lack of political will to change isn't helping.
Last year, Indonesia and G7 announced a new energy transition funding mechanism called the Just Energy Transition Partnership (JETP). However, Indonesia’s 2024 general elections and the oligarchy have added uncertainty to its implementation.