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The report alleges that the Asian Development Bank (ADB) provided a $600 million loan to Indonesia's state-run utility, Perusahaan Listrik Negara (PLN), which lacks a 'no-coal' clause and may be used to fund coal expansion, including the Java 9 & 10 project. This contradicts ADB's public climate pledges and its October 2021 Energy Policy. The report highlights the severe health and environmental impacts of coal in Banten Province, where the Suralaya Power Station operates, and criticizes the lack of financial transparency as loan proceeds are mixed into PLN's general account.

The complaint argues that the Java 9 and 10 coal plants, with a combined capacity of 2,000 MW, cause severe environmental and health damage to local communities in Cilegon, Banten. It alleges that the IFC failed in its due diligence and supervision of Hana Bank Indonesia, which provided $56 million in project finance to the developer PT Indo Raya Tenaga despite being a pilot client for the IFC's Green Equity Approach. The complainants highlight deficiencies in the project's Environmental Impact Assessments (EIAs), including a lack of alternatives analysis, inadequate cumulative impact assessments, and failures in community consultation and displacement mitigation. They seek a full compliance review, redress for harms, and systemic policy changes to eliminate IFC's indirect support for coal.

The document highlights a severe financial crisis at PLN, characterized by a 38 trillion rupiah loss in Q1 2020 and 500 trillion rupiah in debt linked to the 35,000 MW infrastructure project. It argues that the Java-Bali system is suffering from oversupply due to overestimated economic growth and electricity demand projections. The text calls for the government to stop new coal-fired power plant projects, such as PLTU Jawa 9 & 10, to prevent further losses and environmental damage.

The report finds that while Indonesia offers various investment incentives, such as tax facilities and import duty exemptions, these are not the primary drivers for FDI in the chemical sector; instead, the large domestic market and international interest rates are more significant. While FDI has fostered economic growth and provided employment in Banten province, the industry remains heavily dependent on imported inputs and has caused significant air pollution, although foreign-invested firms generally show higher environmental compliance than domestic ones.

The report examines the Jawa 9 and 10 coal-fired power plant projects in Cilegon, Banten, highlighting severe risks to public health and the environment. It argues that the projects are economically flawed, citing a Korean Development Institute (KDI) study that predicted a negative Net Present Value (NPV) for KEPCO. The document details the prevalence of acute respiratory infections (ISPA) among children in Cilegon and the broader ecological damage caused by coal transport and mining. It specifically calls for South Korean financiers, such as K-Exim and KDB, to withdraw funding to align with the 'Green New Deal' and global climate goals, noting that Indonesia's emission standards are significantly lower than those in South Korea.

The report examines the Java 9 and 10 Coal Power Plant (CPP) projects in Cilegon, Banten, funded by South Korean institutions including K-Exim, KDB, and K-Sure. It argues the investment is 'forced' and 'unprofitable,' citing a KDI pre-feasibility study showing a negative NPV for KEPCO. The document highlights severe health impacts in Banten, where Acute Respiratory Infection (ARI) is prevalent, and notes that the projects exacerbate air pollution and increase vulnerability to pandemics like Covid-19. It further criticizes the use of Ultra Super Critical (USC) technology as insufficient for carbon reduction and points to the risk of natural disasters, such as tsunamis, given the plants' coastal locations. The report concludes that the investment violates South Korea's 'Green New Deal' and calls for the Indonesian government to cancel the projects in favor of renewable energy.

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.