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Between 2019 and 2023, Indonesia's power sector saw total reported investments of USD 38.02 billion, with fossil fuels (FF) dominating at 62% of the share. The report highlights a significant gap in 'unreported' investment in captive coal-fired power plants (CFPPs), estimated at USD 10.63 billion. While renewable energy (RE) investment reached USD 8.85 billion, it remains concentrated in baseload sources like hydropower and geothermal. Private international financial institutions are the primary drivers of fossil fuel investment, whereas RE is increasingly supported by domestic private sources. Analysis of PLN reveals that coal plants account for 46% of annual operating costs, and PLN-owned solar plants suffer from severe inefficiency with a capacity factor of only 4% compared to a 16% benchmark.

The report examines China's agricultural investment strategy, noting a transition from market dependence to foreign direct investment. While China remains largely self-sufficient in staple grains, it requires imports of soybeans, cotton, and palm oil for its industrial and energy sectors. The document details various investment models, including aid-driven demonstration farms, joint ventures, and direct land acquisitions. It confirms 54 Chinese projects covering 4.8 million hectares across Africa, Asia, and Latin America, while cautioning against the social and environmental risks associated with large-scale land acquisitions.