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A review of Indonesia's energy transition policy focusing on the challenges of meeting Just Energy Transition Partnership (JETP) targets amidst a legacy of coal-fired power expansion and state utility debt.

The UN 2023 Water Conference, held in New York, focused on accelerating progress toward Sustainable Development Goal 6 (SDG 6) through the Water Action Agenda. The event resulted in approximately 700 voluntary commitments totaling USD 300 billion and the announcement of a UN Special Envoy for Water. Discussions emphasized the water-food-energy nexus, the human right to water and sanitation, and the need for innovative finance and improved global water data. While the conference generated significant political momentum and new partnerships, analysis suggests that many pledges lack quantifiable targets and that the international community must quadruple its efforts to meet 2030 goals.

The document outlines a readiness project to enhance Lao PDR's access to climate finance by accrediting two national financial institutions. The project focuses on capacity building, institutional gap analysis, and knowledge sharing to enable these entities to provide on-lending and blending fiduciary services. It includes technical assistance to meet GCF standards, the development of a project pipeline, and an international learning visit to other successful DAEs in Southeast Asia.

The report argues that the World Bank Group must shift from project-by-project 'greening' to a systemic transformation of its portfolio to support 1.5°C alignment. It proposes a strict taxonomy that excludes fossil gas and 'false solutions' like CCUS and nuclear power, while emphasizing a rights-based approach to ensure the energy transition does not burden marginalized communities or increase debt in low-income countries.

The document outlines a comprehensive framework of 101 sustainable finance policies categorized by three primary ambitions: speed, steer, and simplify. It provides specific recommendations across various government departments—including fiscal, trade, energy, and industrial policy—as well as for central banks and financial regulators. The guide emphasizes the need for science-based targets, the removal of fossil fuel subsidies, the use of green taxonomies, and the implementation of derisking mechanisms like blended finance to mobilize private capital for the 1.5°C transition.

The document addresses the 'dilemma' where financing the early retirement of coal plants increases a financial institution's portfolio emissions, potentially violating net-zero targets. It proposes four accounting alternatives: rebaselining, sectoral targets, 'bad portfolios', and Net Present Value (NPV) accounting. It also details various financing mechanisms such as Managed Transition Vehicles and repurposing plants, specifically in the context of JETPs in South Africa, Indonesia, and Vietnam.

The document argues that the global biodiversity finance gap—estimated at an annual need of USD 536 billion by 2050—cannot be closed by grants alone. It proposes a blended finance approach that integrates information, regulatory, economic, institutional, and financial instruments to de-risk investments and catalyze private capital. Using the Green Climate Fund's (GCF) portfolio as a basis, the paper demonstrates how combining instruments (e.g., pairing carbon credits with parametric insurance), sequencing them along a maturity-concessionality gradient (e.g., the Amazon Bioeconomy Fund), and establishing long-term partnerships (e.g., Project Finance for Permanence) can create sustainable financial models for nature-based solutions.

The report argues that governments have failed to fulfill commitments to shift public financial flows away from fossil fuels, with subsidies increasing since the Paris Agreement. It identifies significant data gaps regarding state-owned enterprise investments and provides a framework for fossil fuel subsidy reform based on pricing, impact management, and stakeholder support.

The report analyzes the global banana industry, highlighting the role of VSSs like Fairtrade and Organic in improving producer prices and resilience. It details the sector's high vulnerability to climate-driven pests and diseases, such as Tropical Race 4, and the economic pressures caused by retail price wars and market concentration. The document argues for a shared responsibility model across the value chain to ensure living wages and sustainable production.

The report finds that five major Swiss financial institutions—UBS, Credit Suisse, Swiss Life AM, Zurich, and Pictet—continue to provide billions in financing and investments to companies expanding coal, oil, and gas production. Despite public net-zero pledges, the authors argue these institutions maintain weak policies with significant loopholes, engage in 'net-zero greenwashing,' and send mixed signals through inconsistent voting practices at shareholder meetings.

The Strategic Plan for Advancing Energy Efficiency Across Demand Sectors by 2030 outlines a framework for G20 countries to double the global annual rate of energy intensity improvement. It focuses on five pillars: buildings, industry, transport, financing, and behavioral change. The plan argues that energy efficiency is the 'first fuel' for the energy transition and proposes specific high-impact opportunities, such as rethinking building codes (RENEW), scaling motor efficiency for SMEs (SME²), and aggregating energy services (FAST). It emphasizes the need to triple annual energy efficiency investments to approximately USD 840 billion by 2030 and highlights the potential of the Indian 'Lifestyle for Environment' (LiFE) initiative to reduce global CO2 emissions by 2 billion tonnes by 2030.

The report analyzes the contradictions between Indonesia's climate commitments and its energy planning, highlighting a significant oversupply of fossil fuel capacity and the risks of relying on 'false solutions' like biomass and ammonia co-firing.

The report highlights a significant gap between Indonesia's climate commitments and its energy policies, noting a severe oversupply of electricity primarily driven by coal. It argues that the RUPTL 2021-2030 continues to plan for fossil fuel capacity, which contradicts NZE targets. The document further critiques 'new' technologies like biomass and ammonia co-firing, CCUS, and Clean Coal Technology as 'false solutions' that risk extending the lifespan of coal plants rather than accelerating a transition to renewables.

The document describes the El Niño-Southern Oscillation (ENSO) as a natural climate pattern consisting of warm (El Niño), cold (La Niña), and neutral phases driven by sea surface temperatures and pressures in the tropical Pacific. It details how these phases disrupt atmospheric circulation, affecting global precipitation and temperature. Specifically, La Niña is associated with wetter conditions in Australia and Indonesia and warmer, drier winters in the southern U.S., while El Niño is linked to drought in Australia and Indonesia and cooler, wetter winters in the southern U.S. The text emphasizes that while ENSO can nudge global temperatures, it does not mask the long-term warming trend caused by carbon pollution; for instance, 2022 remained the sixth hottest year on record despite a persistent La Niña. Historical data from the 2015-2016 El Niño event highlights severe consequences, including forest fires in Indonesia, flooding in Peru, and an estimated 60 million people impacted by extremes across Africa, Latin America, the Caribbean, and the Asia-Pacific region.

The report analyzes the voluntary carbon market (VCM), focusing on the opaque role of intermediaries and the lifecycle of carbon credits from creation to retirement. It identifies a lack of transparency in transaction data and pricing, noting that while project creation and end-user claims are somewhat documented, the movements of credits between issuance and retirement remain largely hidden. The analysis details the costs associated with different project types—renewable energy, household devices, and forestry—and the various fees charged by registries and intermediaries. It concludes with recommendations for registries and corporations to increase disclosure of account holders and retirement details to improve market trust.

The 2023 Corporate Climate Responsibility Monitor evaluates 24 multinational companies, finding that 15 of them have climate strategies of low or very low integrity. Key issues include ambiguous net-zero pledges, insufficient 2030 targets that fall short of 1.5°C pathways, and a heavy reliance on non-permanent biological carbon offsets. While emission disclosure transparency is moderate, the report highlights a critical '2030 blind spot' where corporate commitments do not match the required global reductions of 43-48% by 2030. The authors advocate for a shift from offsetting to a 'climate contribution' approach and call for tighter regulatory oversight to ensure corporate accountability.

Project GAIA establishes a framework to integrate gender equality and social inclusion into its investment cycle, requiring all approved projects to develop specific GESI Action Plans. The plan focuses on five pillars: governance, leadership, employment, capacity building, and consumption (access to basic services). It sets platform-level targets, such as achieving 30% women in governance by year one, and project-level requirements, including mandatory gender assessments and the use of sex-disaggregated data in impact reporting. The framework also incorporates safeguarding measures against sexual exploitation, abuse, and harassment (SEAH) and gender-based violence (GBVH).

Civil society organizations Traction Energy Asia, Trend Asia, and Forest Watch Indonesia (FWI) warn that current bioenergy policies in Indonesia, specifically biofuel and biomass co-firing, drive deforestation and increase carbon emissions. They report that 13 Energy Plantation Forest (HTE) companies caused 55,000 hectares of deforestation between 2017-2021, with projections suggesting up to 4.65 million hectares of natural forest could be lost if current co-firing governance persists across 52 power plants. The document recommends freezing biodiesel blends at 35%, halting new permits, and diversifying feedstocks to include used cooking oil (UCO). It also calls for a comprehensive evaluation of the social and environmental impacts of co-firing, noting that burning 1 million tons of biomass in 43 power plants in 2023 resulted in 1.7 million tons of carbon emissions. The brief includes responses from the national campaign teams of the 2024 candidates regarding their visions for energy transition and forest protection.

The briefing outlines six trends for financial institutions in 2023: the rise of short-term transition plans, political backlash against ESG investing, the growth of renewables over plateauing fossil fuels, the need for climate upskilling of employees, increased regulatory scrutiny on greenwashing, and the shift toward using transition-relevant data for portfolio steering.

The document details the installation of a 15 kWp vortex turbine at the Green School in Bali to replace an unstable national grid. The system provides continuous electricity for 500 students and four houses, reducing electricity costs by 60-80% and avoiding 62 tonnes of CO2e emissions.