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Principles-Based Social Taxonomy for Sustainable Investing
The report outlines a framework for a social taxonomy that classifies business activities based on their contribution to social well-being and governance. It establishes a system of minimum social safeguards as a mandatory threshold, followed by two Guiding Principles (GP1 for positive social impacts and GP2 for governance improvements). The taxonomy uses a color-coded performance scale (Red to Dark Green) to categorize companies and activities, providing illustrative examples across sectors such as construction, finance, and agriculture to guide investors and regulators in identifying socially sustainable investments.
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Document type: Report
Catalysing Sustainable Finance for the African Regional Infrastructure Agenda
The document examines the challenges African countries face in accessing sustainable finance for regional infrastructure, noting a significant financing deficit and a lack of bankable projects. It highlights the disparity between climate mitigation and adaptation finance, arguing that adaptation is more critical for Africa's vulnerability. The brief analyzes the ASEAN regional approach—specifically its sustainability taxonomies and the ASEAN Catalytic Green Finance Facility—as a model for Africa. It evaluates current AU initiatives, such as the Alliance for Green Infrastructure in Africa and the Green Infrastructure Corridor for Intra-African Trade, and recommends integrating sustainability more deeply into AfCFTA protocols to attract investment and enhance climate resilience.
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Document type: Policy brief
ADU KLAIM MENURUNKAN EMISI
Trend Asia challenges PT PLN's claim that biomass co-firing facilitates an energy transition and reduces emissions. The report argues that the massive land requirements for energy plantation forests (HTE) to supply wood pellets would lead to significant deforestation, resulting in net carbon emissions rather than reductions. It finds that biomass has become a complement to, rather than a substitute for, coal, with total coal consumption continuing to rise.
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Document type: Report
BATTLE ON EMISSION REDUCTION CLAIMS
Trend Asia argues that PT PLN's biomass co-firing strategy does not reduce coal utilization and instead increases overall emissions due to deforestation and the carbon-intensive production of wood pellets. The report calculates that implementing 10% co-firing across 107 power plants could generate between 7.9 and 26.5 million tonnes of CO2e annually, depending on the tree species used, while potentially requiring millions of hectares of land for energy timber plantations (HTE).
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Document type: Report
Achieving a Just Energy Transition in Indonesia
The document emphasizes the necessity for Indonesia to plan for a just energy transition given the dominant role of coal and oil and gas in its economy. It highlights that coal-fired power plants provide over 60 percent of the country's electricity and that the coal industry employed at least 100,000 people in 2018. The brief warns that current government projections for the coal industry may be overly optimistic and recommends institutionalizing tripartite social dialogue and increasing administrative capacity on just transition to avoid missing the 23% renewable energy target.
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Document type: Briefing
Switching Fossil Fuel Subsidies in Indonesia to Support a Green Recovery
The document argues that Indonesia can accelerate its energy transition by reforming transport fuel and coal subsidies to raise funds for renewable energy, energy efficiency, and grid upgrades. It highlights a specific investment need of IDR 500 trillion to meet 2025 renewable energy goals and suggests that reforming subsidies could provide IDR 166 trillion toward this end.
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Document type: Briefing
Fuel Subsidies to Marine Fisheries in Indonesia
The document examines the role of fuel subsidies in Indonesia's marine fisheries sector, noting they are the second-largest and most consistent form of government support. It argues that these subsidies risk incentivizing overfishing and suggests that Indonesia's general experience with fossil fuel subsidy reform could provide a roadmap for reforming fisheries-specific support.
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Document type: Briefing
G20 emission projections to 2030 improved slightly since the Paris Agreement
Comparing 2021 and 2015 projections, G20 absolute emissions for 2030 are now expected to be 15% lower, with average annual growth rates slowing from 1.2% to 0.3%. Despite these improvements, collective emissions are still projected to increase until 2030, leaving the G20 off track to meet the 1.5 °C warming limit of the Paris Agreement.
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Document type: Research paper
Testimony before the United States Senate Committee on Environment and Public Works A Legislative Hearing to Examine S. 1345, the Comprehensive National Mercury Monitoring Act; S. 2476, the Environmental Justice Air Quality Monitoring Act of 2021; and S. ___, the Public Health Air Quality Act
The document argues for the necessity of federally funded monitoring networks to track mercury in air, water, and wildlife, and to modernize air quality monitoring in the U.S. It highlights the health risks of methylmercury, the impact of global emissions and climate change on U.S. deposition, and the need for high-resolution air quality data in overburdened communities to address disparities in pollution exposure.
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Document type: Statement
Coal is not making a comeback: Europe plans limited increase
Analysis by Ember indicates that placing approximately 14 GW of coal plants on standby in Europe to offset gas shortages would have a limited impact on emissions and would not derail long-term climate commitments. The report argues that these are short-term emergency measures and that the crisis is actually accelerating the transition to clean energy. It further disputes claims that Germany requires massive amounts of coal imports from Indonesia, suggesting such demand is overestimated based on current capacity and inventory levels.
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Document type: Research paper
Financing Net Zero Carbon Buildings
This research paper by the Climate Policy Initiative serves as a foundational guide for the Cities Climate Finance Leadership Alliance to analyze challenges and priorities for decarbonizing the buildings sector. It outlines the global investment needs, the role of different financial instruments, and the specific regulatory and environmental contexts of Nigeria and Indonesia.
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Document type: Research paper
Unleashing solar and wind in ASEAN
The report finds that while electricity demand in the 'ASEAN 5' (Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam) grew by 22% from 2015 to 2021, clean energy only met 39% of this increase. Solar and wind generation remains low at 4% of the region's electricity supply, lagging behind China and India. Current national plans project solar and wind will reach 11% of the total supply by 2030, which the authors argue is insufficient to meet the 1.5-degree pathway or keep pace with rising demand, potentially leading to further reliance on coal.
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Document type: Report
Global Financial Taxonomies Considerations for the Canadian Context
The report analyzes 21 international taxonomies to provide a framework for a potential Canadian transition taxonomy, emphasizing the need for science-based thresholds to avoid greenwashing in a resource-dependent economy.
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Document type: Research paper
Cradle to grave: The health harms of fossil fuel dependence and the case for a just phase-out
The document details how fossil fuel extraction, production, and combustion cause severe health harms, including respiratory diseases, cancers, and cardiovascular issues, while contributing to the global climate crisis. It highlights the economic burden of these health impacts, the role of fossil fuel subsidies in perpetuating harm, and proposes sector-specific solutions and a Fossil Fuel Non-Proliferation Treaty to ensure a just transition.
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Document type: Briefing
Financing Net Zero Carbon Buildings
The report examines the role of the buildings sector in global GHG emissions, which account for 37% of energy-related emissions. It identifies key technical solutions for decarbonization, including reducing embodied carbon in materials and improving operational efficiency in heating and cooling. The document evaluates various financial instruments—ranging from traditional mortgages to specialized on-bill financing—and policy tools like building codes and green labels. It emphasizes that the transition requires a network of instruments tailored to different building archetypes and regional contexts, providing specific deep dives into the unique challenges and opportunities in Nigeria and Indonesia.
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Document type: Report
Fuel Subsidies to Marine Fisheries in Indonesia
The document analyzes fuel subsidies for Indonesia's marine fisheries, noting they are the most consistent form of central government support. It highlights risks of overfishing and inefficient distribution, suggesting that lessons from broader fossil fuel subsidy reforms could improve targeting and sustainability.
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Document type: Policy brief
Switching Fossil Fuel Subsidies in Indonesia to Support a Green Recovery
The document argues that Indonesia can accelerate its energy transition by redirecting fossil fuel subsidies and taxes—potentially raising up to IDR 166 trillion annually—into renewable energy, grid modernization, energy efficiency, and remote energy access.
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Document type: Policy brief
Achieving a Just Energy Transition in Indonesia
The document argues that Indonesia's heavy reliance on coal and oil and gas creates significant social and economic risks that necessitate a 'just transition' framework. It highlights a lack of institutionalized social dialogue and the continued use of fossil fuel subsidies and recovery funding for the fossil fuel sector. The author recommends institutionalizing tripartite social dialogue, diversifying the economy in fossil-fuel-dependent regions, and utilizing state-owned enterprises to drive a green recovery through conditionalities.
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Document type: Briefing
Boom and Bust: The fiscal implications of fossil fuel phase-out in six large emerging economies
The report analyzes the fiscal vulnerability of the BRIICS countries to the global energy transition. Using IEA scenarios, it projects significant declines in fossil fuel revenues by 2050, particularly under 1.5°C and 2°C pathways. To mitigate these risks, the authors propose a 'GSS bond support fund' to leverage near-term windfall revenues for decarbonization and suggest a broad suite of environmental fiscal reforms, including subsidy removal and the introduction of carbon pricing and road user charges.
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Document type: Report
Energy Crisis Amidst the Ukraine War: Three Scenarios
The document examines how the Russia-Ukraine war has destabilized energy markets, undermining Russia's role as an 'energy superpower' and creating significant economic pressure on the Global South. It presents three scenarios: 'Stable high' prices, 'Persistent volatility', and 'Business as usual', analyzing how each affects national budgets, regional stability in the Middle East and Africa, and the global transition to renewable energy. The authors argue that while the crisis may incentivize some decarbonization, it also risks locking in fossil fuel production in the Global South and prioritizing immediate energy security over Paris Agreement goals.
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Document type: Policy brief