The success of artificial intelligence (AI) and climate tech adoption will hinge on a steady supply of high-demand critical minerals such as nickel and copper. Though strategically positioned to benefit as a global critical minerals leader, Indonesia’s reliance on captive coal to power production is putting its climate goals and economic future at risk.
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The challenge lies in funding clean energy projects while coping with surging energy costs, supply shocks and growing ESG risks – from pollution to social harm – facing the mining industry. Meanwhile, the industry is contending with a global critical minerals race which is reshaping the nature of geopolitics.
This plenary discussion at Unlocking capital for sustainability - Indonesia held in Jakarta on 24 June as part of the Global Sustainable Development Congress (GSDC) 2026 addresses some urgent questions: Will the ongoing energy crisis hinder or hasten Indonesia’s energy transition? Can strategies to curb the industry’s rising ESG risks keep pace with surging demand? And how will the G7-allied economies’ plan to diversify away from China’s stronghold on critical mineral supply impact Indonesia?
Speakers:
- Tiza Mafira, Director, Climate Policy Initiative Indonesia
- Muchtazar, Head of Sustainability, Nickel Industries
- Dinita Setyawati, Senior Energy Analyst, Ember
Moderator:
Asvi Hanifah, Indonesia Officer, United Nations Environment Programme Finance Initiative
Watch this conversation, streaming exclusively on Eco-Business for our subscribers.
