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October 2, 2023

Indonesia’s coal transition under scrutiny following JETP delayed plans

Suralaya coal-fired power plant emissions
A coalition of green groups have filed a formal complaint against the IFC, which has a stake in Hana Bank – one of the financiers of the Suralaya coal-fired power complex (Photo: Aditya Aji/AFP via Getty Images)

Experts have questioned Indonesia’s energy transition plans after the country’s authorities indicated that coal-fired power plants could be considered green under its taxonomy

Indonesia’s green transition has run into a series of controversies in the past month, starting with the delayed announcement by the Just Energy Transition Partnership on how it plans to finance the country’s green transition. This was followed by Indonesian authorities indicating that coal could be considered green under its taxonomy, topped off by a formal complaint issued by green groups against the International Finance Corporation’s backdoor investment into coal-fired plants.

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