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.
Indonesian ride-hailer GoTo saw its emissions jump by 19 per cent year on year, while Singapore-based rival Grab's carbon footprint more than doubled in 2022. Both firms say post-Covid-19 demand rebound played a part in the increase in carbon pollution.
Indonesia, Vietnam and the Philippines have cancelled almost 13GW of coal projects in 2022, but this is far from what is needed to phase out the fossil fuel over the next two decades, a new report from Global Energy Monitor has revealed.
With carbon border taxes making life harder for carbon-intensive industries, Gunung Raja Paksi feared it could not export its products to the West if it did not slash emissions. The firm's top executives Kimin Tanoto and Kelvin Fu tell Eco-Business about how a firm in the hardest-to-abate sector is reducing its carbon footprint.
The 25-year-old behind Society of Renewable Energy, a student network with over 3,000 members, has access to government leaders, businesses and the coal industry. He believes youths need to be engaged in Indonesia's climate efforts.
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.
From Asia becoming a key fossil fuel provider to high-tech agriculture, these are the trends that could reshape society and business as the world navigates global uncertainty borne out of the Russian-led conflict in Ukraine.
Image-conscious companies have stopped promoting their green credentials for fear of being criticised for greenwashing. Eco-Business asked companies how the potential of such allegations affect their sustainability ambitions.
Indonesian companies are mainly export-focused. If firms cannot comply with new trade rules, they will not survive, says Muhammad Yusrizki, head of a new unit set up to help firms work towards global climate goals.