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Summary and key findings insummary:"conflict of interest"
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PublisherTrend Asia
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155 documents from Trend Asia

  • The statement rejects the Draft Criminal Code (RUU KUHP) in Indonesia, claiming it contains problematic articles that would curb human rights, suppress press freedom, and return the country to a colonial-era state of restricted civil society freedoms.

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    Document type: Statement

    Regions: Indonesia
  • The report argues that PLN's plan to use biomass co-firing to reduce emissions is contradictory and potentially destructive. To achieve a 10% co-firing rate across 107 coal power plants, Trend Asia estimates a need for 10.23 million tons of wood pellets annually, requiring energy plantation forests (HTE) of at least 2.33 million hectares. Based on historical data showing 38% of industrial plantation forests originated from deforestation, the report projects that HTE development could lead to the loss of 630,000 to 2.1 million hectares of natural forest, depending on the tree species used.

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    Document type: Research paper

    Regions: Indonesia
  • The report argues that Indonesia's biomass co-firing policy, led by PT Perusahaan Listrik Negara (PLN), threatens natural forests. To achieve 10% co-firing across 107 coal power plants, Trend Asia estimates a need for at least 2.33 million hectares of energy wood plantations. Based on historical data showing 38% of industrial timber plantations were established via deforestation, the report warns that this policy could increase annual deforestation rates from 630 thousand to 2.1 million hectares. It further highlights contradictions between the government's Enhanced NDC emission targets and its increasing deforestation quotas, while noting that biomass burning creates a 'carbon debt' rather than being carbon neutral.

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    Document type: Report

    Regions: Indonesia
  • The document evaluates the IMF's updated surveillance practices by analyzing recent reports for Indonesia and South Africa. While it notes a 'sea change' in the IMF's willingness to integrate climate issues—such as endorsing carbon taxes and green financing—it argues that the organization continues to prioritize steep fiscal consolidation and austerity. This focus on budget deficit ceilings is seen as a threat to the funding required for climate adaptation and mitigation. The authors highlight significant 'blind spots,' including the failure to fully account for the long-term fiscal risks of stranded fossil fuel assets and the potential for carbon-intensive exports to decline as trade partners decarbonize. The report concludes that while there is 'cautious optimism' due to more sophisticated analytical work, the IMF's advice remains insufficient for achieving a socially-just green transition.

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    Document type: Case study

  • The report argues that current IFI efforts to align indirect financing through financial intermediaries with the Paris Agreement are insufficient and opaque. It highlights how this lending model allows IFIs to 'outsource' environmental and social safeguards, potentially funding fossil fuel projects. The authors provide recommendations for a rights-based alignment methodology that includes an absolute ban on new fossil fuel financing, increased support for sustainable renewables, and strict transparency requirements for sub-project disclosure.

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    Document type: Report

    Regions: World
  • 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

    Regions: Indonesia
  • 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

    Regions: Indonesia
  • The document examines the World Bank Group's (WBG) role in expanding fossil gas infrastructure in Indonesia, asserting that this strategy locks the country into long-term greenhouse gas emissions and dependency on fossil fuels. It highlights contradictions between WBG strategies, such as the Country Partnership Framework 2021-24 and the Indonesia Economic Prospects Report, and global climate goals like the IEA's Net Zero Emissions by 2050 roadmap. The report specifically cites the WBG's support for the BP Tangguh project and warns against 'false solutions' like Carbon Capture Utilisation and Storage (CCUS) and coal gasification.

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    Document type: Case study

    Regions: Indonesia
  • The document criticizes the World Bank Group (WBG) for promoting fossil gas as a transition fuel in Indonesia, asserting that such investments lock in greenhouse gas emissions and environmental degradation. It highlights contradictions between WBG strategies, such as the Country Partnership Framework 2021-24 and the Indonesia Economic Prospects report, and global climate goals. The authors call for an immediate shift in public funding away from gas and unproven technologies like CCUS and coal gasification toward sustainable renewable energy.

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    Document type: Report

    Regions: Indonesia
  • The report examines how World Bank Development Policy Finance (DPF) in Indonesia and Pakistan has facilitated the expansion of fossil fuels. In Indonesia, a $500 million loan specifically promoted natural gas infrastructure, while the Bank's private sector arm, the IFC, has been linked to coal projects. In Pakistan, the $400 million PACE program's 'prior actions' led to the fast-tracking of an energy plan (IGCEP) that slashed renewable energy targets from 30-33% to 17% and increased reliance on coal, gas, and large-scale hydropower. The authors conclude that DPF often supports fossil fuels by default through sector stabilisation and recommend that all fossil fuels be added to the World Bank's Excluded Expenditures list.

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    Document type: Report

  • This paper examines 'green equity'—the use of equity investments to ensure climate-compatibility of projects under the Paris Agreement—and 'greening equity,' a strategy used by the International Finance Corporation to reduce coal exposure in its client financial institutions.

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    Document type: Research paper

  • The report argues that military operations in Intan Jaya, Papua, are illegal because they lack the required presidential decrees and parliamentary approval. It posits that the deployment of TNI and POLRI forces is not merely for security or counter-terrorism against the TPNPB, but is strategically linked to securing mining concessions for companies like PT ANTAM and PT Madinah Qurrata ‘Ain. The study identifies a 'second leg' of military business where active and retired officers hold leadership roles in these companies. This environment of militarization has led to significant human rights violations, including the deaths of civilians and the displacement of local populations, which the report suggests is a structured effort to facilitate investor access to gold reserves.

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    Document type: Report

  • The report identifies thousands of mining concessions and dozens of coal-fired power plants (PLTU) located in areas high-risk for earthquakes, tsunamis, floods, and landslides. It argues that a 'science-policy gap' exists where economic interests of oligarchs override disaster mitigation and environmental safety. The document highlights specific cases, such as the PLTU in Teluk Sepang and the mining in Wadas, to illustrate how these projects exacerbate disaster risks and marginalize local communities. It further claims that the Minerba Law and the Omnibus Law (Job Creation Law) weaken environmental protections and facilitate the expansion of risky extractive projects.

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    Document type: Report

    Regions: Indonesia
  • The report identifies thousands of mining concessions and dozens of coal-fired power plants located in areas prone to earthquakes, floods, and landslides across Indonesia. It argues that a 'science-policy gap' exists where the Indonesian government ignores disaster risks to facilitate investments for 'extractive oligarchs,' often through National Strategic Projects (PSN). The document details specific case studies, such as the Panau Coal Steam-Power Plant and the Bener Dam project, to illustrate how these investments increase community vulnerability and environmental degradation. It concludes that recent legislative changes, including the Job Creation Law (Omnibus Law), further exacerbate these risks by loosening environmental regulations and centralizing spatial planning authority.

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    Document type: Report

    Regions: Indonesia
  • A report by Trend Asia published in 2021 arguing that Indonesia is unprepared for disasters due to government policies favoring extractive industries, mining, and coal, despite facing multiple crises including climate change and the pandemic.

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    Document type: Report

    Regions: Indonesia
  • Trend Asia and partner organizations criticize PT PLN's commitment to stop coal-fired power plant (PLTU) projects that have not reached financial closing, citing a lack of transparency and the continued risk of projects like PLTU Indramayu 2 and PLTU Tanjung Jati A. The statement also condemns the Japan Bank for International Cooperation (JBIC) for its role in funding the Cirebon 2 expansion, arguing that JBIC's pledge to exit coal is too late and should include stopping disbursements for ongoing projects to align with the Paris Agreement.

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    Document type: Statement

    Regions: Indonesia
  • The briefing examines how the IFC's Green Equity Approach (GEA) fails to prevent continued fossil fuel finance through financial intermediary clients. It highlights cases where GEA clients funded new coal plants and identifies significant IFC equity exposure to oil and gas projects globally. The authors call for a public review of the GEA and a total phase-out of fossil fuel finance in IFC's financial intermediary portfolio.

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    Document type: Briefing

    Regions: World
  • Indonesian civil society organizations have submitted a response to the World Bank's 2021-2025 Country Partnership Framework (CPF) consultation, specifically opposing any direct or indirect investment in coal and other fossil fuels by World Bank Group funding agencies in Indonesia.

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    Document type: Statement

    Regions: Indonesia
  • 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.

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    Document type: Statement

    Regions: Indonesia
  • The report examines the IFC's Green Equity Approach (GEA), which aims to phase out coal investments in financial institutions by 2030. While analysis of 81 high and medium-risk investments between July 2019 and June 2020 shows that 83% explicitly exclude coal, the report identifies significant loopholes. Specifically, it notes that the GEA excludes captive coal plants for industrial use and that debt ring-fencing may be ineffective. A case study of PT Bank KEB Hana Indonesia, the first GEA pilot client, reveals that despite the framework, the bank provided project finance for the Java 9 and 10 coal plants in Indonesia in July 2020.

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    Document type: Report

    Regions: World
Showing 101–120 of 155 documents