With investors already confronting the consequences of environmental instability, there can no longer be any doubt that nature risk is financial risk. Asset owners, central banks and institutions like the International Monetary Fund have a responsibility to integrate this awareness into all their activities.
As Indonesia forges ahead with plans to become an advanced economy, an honest reckoning needs to occur, to ensure that it does not squander its vast environmental resources for short-term gain.
A handful of fashion brands – H&M, Ralph Lauren, Decathlon and Adidas – are working to stop using coal to power their factories in 2025, while others are prioritising decarbonisation at lower levels of ambition.
A year-long government “sandbox” study identifies recurring conflicts in solar, aquaculture-solar, micro-hydropower and geothermal projects, prompting policy reforms …