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Accelerating Renewable Energy Finance in Indonesia: The Potential of Municipal Green Bonds
This research paper by the Climate Policy Initiative analyzes the feasibility of using municipal green bonds to support Indonesia's goal of achieving a 23% renewable energy contribution in its energy mix by 2025. While identifying a strong case for these instruments based on energy targets and the fiscal capacity of certain local governments, the paper highlights significant bureaucratic, regulatory, and market-driven barriers that have prevented their issuance to date.
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Document type: Research paper
Accelerating renewable energy finance in Indonesia
This report by the Climate Policy Initiative analyzes the feasibility of using municipal green bonds to finance renewable energy in Indonesia. While the legal framework exists and several provincial governments possess the fiscal capacity to issue bonds, the market remains conservative. Key barriers include complex bureaucratic procedures, a lack of profitable project pipelines, and investor preference for high credit ratings and short tenors over environmental mandates. The report recommends simplifying issuance requirements, implementing consistent central government policies on renewable energy, and targeting quasi-government institutions as initial investors.
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Document type: Report
JBIC must Reject Financing for the Batang Coal-fired Power Plant, Central Java, Indonesia
A statement from 231 organisations urging the Japan Bank for International Cooperation (JBIC) to reject financing for the Batang coal-fired power plant in Central Java, Indonesia, citing human rights violations and climate impacts.
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Document type: Statement
A Survey of Business Models for Agricultural Investment in Indonesia
This research paper surveys foreign investment trends and business models in Indonesia's agricultural sector. It identifies contract farming and land concessions as the primary investment structures, analyzing their impacts on productivity and rural livelihoods. The author argues that while these models offer potential benefits, they are often undermined by an unfavorable business environment, lack of transparency in land use, and regulatory inconsistencies, leading to policy recommendations for land reform and enhanced farmer capacity.
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Document type: Research paper
UNMASKING INDONESIA’S MOST TOXIC COAL FIRED POWER PLANTS
This report by Trend Asia, CELIOS, and CREA identifies the 20 most toxic coal-fired power plants (CFPPs) in Indonesia, termed the "Toxic Twenty." It analyzes the severe public health, economic, and environmental costs associated with these facilities, arguing that current government retirement roadmaps are insufficient and often delayed by a reliance on unproven technologies like co-firing and CCS/CCUS. The report provides detailed case studies for several plants, documenting widespread respiratory illnesses, loss of traditional livelihoods in fisheries and agriculture, and significant negative impacts on regional GDP.
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Document type: Report
DAFTAR HITAM 20 PLTU PALING BERBAHAYA DI INDONESIA
The report 'TOXIC TWENTY' identifies the 20 most dangerous coal-fired power plants (PLTU) in Indonesia, analyzing their severe impacts on public health, the economy, and the environment. It argues that current government commitments to renewable energy are inconsistent with the continued operation and expansion of these plants. The study quantifies massive health costs and economic losses, advocating for an accelerated, just phase-out of these facilities to avoid thousands of premature deaths and billions of dollars in economic damage by 2050.
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Document type: Report
the-hijackers-of-the-energy-transition-d98e63b108dc9869.pdf
This report by Trend Asia examines the implementation of biomass co-firing in Indonesia's coal-firing power plants (PLTU), arguing that the energy transition is being 'hijacked' by powerful conglomerates and politically connected elites. The document details how these actors utilize energy wood plantations (HTE) to profit from government incentives while causing deforestation and land conflicts with indigenous and local communities.
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Document type: Report