Coal power plants under no pressure to use new carbon exchange
The country’s first carbon exchange saw 459,953 tonnes of carbon dioxide worth over Rp 29 billion traded after its launch, but mostly by banks and state-owned enterprises.
Indonesia
Prolonged dry season leads to more wildfires in national parks
Authorities record that some 2,000 hectares out of the park's total 25,000 ha of land have been scorched by wildfires since April.
Indonesia to keep an eye on oil prices, projected to surge to $100 by year-end
The Finance Ministry says it is prepared to carry out stress testing if needed to anticipate any impact on the state budget, particularly energy subsidies.
‘Regulate them’: Hard-up Jakarta traders urge TikTok sales ban
Experts say such a regulation would create a level playing field for local businesses, especially as laws in the country currently do not cover transactions through social media…
Southeast Asian nations face power connectivity challenges
According to a report, Southeast Asia must retire more than 5 gigawatts of coal-fired power plant capacity annually over the next two decades to phase out the fossil fuel in the…
Indonesia’s efforts to tackle human trafficking not enough, activists say
Activists also spoke of the need to distribute information regarding the prevalence of human trafficking and the methods used to lure victims.
Western nations not ready to finance Indonesian coal plant retirements
Under the Just Energy Transition Partnership, Indonesia is committed to cap and peak the power sector’s carbon emissions at 290 million tonnes by 2030.
Indonesia to ban social commerce transactions amid TikTok’s push
Despite stringent measures, the government did not bar social commerce from operating, but rather focused on curtailing direct transactions conducted through the platforms.
Indonesia’s election committee says fast-tracked regional elections still feasible
The idea of bringing forward the elections by two months first came from the government but has yet to win unanimous support from lawmakers.
The vanguard of the Global South
At the global level, Indonesia is often seen as a rival to India in the pursuit of universal recognition as the champion of the developing world.