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HOW IFC’S SUPPORT FOR CAPTIVE COAL IN NICKEL INDUSTRIAL PARK IS DESTROYING OBI ISLAND
This report by Trend Asia alleges that the International Finance Corporation (IFC) is indirectly financing the environmentally and socially destructive nickel industrial park on Obi Island, Indonesia, through financial intermediaries. The document details severe ecological damage, human rights violations, and the use of captive coal power plants that undermine the IFC's climate commitments and the Paris Agreement.
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Document type: Report
From Captive Coal to Green Nickel: Securing Indonesia’s Future Competitiveness
This briefing examines the reliance of Indonesia's nickel processing sector on captive coal power and outlines pathways toward decarbonisation to maintain global competitiveness and market access.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Briefing