Re: Pengaduan Mengenai Investasi IFC KEB Hana Indonesia Penawaran Umum Terbatas IV, Proyek No 42034

The complaint argues that the Jawa 9 and 10 coal power plant project, with a combined capacity of 2,000 MW, causes severe environmental and social harm to the local community in Cilegon, Banten. It alleges that the project is unnecessary due to electricity overcapacity in the Java-Bali grid and that its Environmental Impact Assessment (AMDAL) is fatally flawed, failing to adequately address cumulative pollution, climate impacts, and forced displacements. The complainants assert that the IFC failed in its due diligence and oversight of Bank KEB Hana Indonesia, which provided $56 million in funding to the project developer, PT Indo Raya Tenaga, despite being a pilot client for the IFC's 'Green Equity Approach'. The document details reports of community intimidation, loss of livelihoods for farmers and fishers, and significant health risks, including respiratory infections. The complainants request a full compliance investigation, fair compensation for losses, and a systemic change in IFC policy to eliminate indirect support for coal projects.

• The Jawa 9 and 10 coal-fired power plant project, with a combined capacity of 2,000 MW, is described as unnecessary because of existing overcapacity in the Java-Bali electricity grid.
• The project is located in the Suralaya complex, the largest coal power plant complex in Southeast Asia with a current combined capacity of 4,025 MW, contributing to severe air pollution and health issues in Banten Province.
• The IFC is exposed to the project through a 2019 equity investment of $15.36 million in Bank KEB Hana Indonesia, which subsequently provided $56 million in project financing to the developer, PT Indo Raya Tenaga.
• The complainants allege that the project's Environmental Impact Analysis (AMDAL) is inadequate, failing to properly analyze air pollution, climate impacts, hazardous waste, and the physical and economic displacement of residents.
• Local residents have faced forced evictions and loss of livelihoods, specifically the destruction of Kelapa Tujuh beach and the leveling of the sacred Bukit Kahal hill.
• Community members reporting concerns about the project have allegedly faced serious risks of intimidation, including threats of violence and the use of 'thugs' (preman) by the company.
• The complaint asserts that the IFC failed in its oversight of Bank KEB Hana Indonesia, as the IFC appeared unaware of the bank's investment in Jawa 9 and 10 until notified by civil society organizations.
• The investment is argued to contradict the IFC's 'Green Equity Approach', which aims to reduce coal exposure to near zero by 2030, given that the project loans extend to 2035.
• Greenpeace modeling suggests that the new units could cause between 2,400 and 7,300 premature deaths over 30 years, primarily due to PM2.5 air pollution.

APA

Trend Asia (n.d.). Re: Pengaduan Mengenai Investasi IFC KEB Hana Indonesia Penawaran Umum Terbatas IV, Proyek No 42034. https://trendasia.org/wp-content/uploads/2024/03/Bahasa_Jawa-9-10-CAO-complaints.pdf

Chicago

Trend Asia. Re: Pengaduan Mengenai Investasi IFC KEB Hana Indonesia Penawaran Umum Terbatas IV, Proyek No 42034. n.d. https://trendasia.org/wp-content/uploads/2024/03/Bahasa_Jawa-9-10-CAO-complaints.pdf.

Wikipedia

{{cite report |author=Trend Asia |title=Re: Pengaduan Mengenai Investasi IFC KEB Hana Indonesia Penawaran Umum Terbatas IV, Proyek No 42034 |url=https://trendasia.org/wp-content/uploads/2024/03/Bahasa_Jawa-9-10-CAO-complaints.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{trendasiandpengaduan, author = {{Trend Asia}}, title = {{Re: Pengaduan Mengenai Investasi IFC KEB Hana Indonesia Penawaran Umum Terbatas IV, Proyek No 42034}}, institution = {Trend Asia}, url = {https://trendasia.org/wp-content/uploads/2024/03/Bahasa_Jawa-9-10-CAO-complaints.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }