popular articles

Indonesia commits to climate protection at COP28

Indonesia, represented by President Joko Widodo, plans to defend concrete commitments to climate financing and an inclusive energy transition at COP28 in Dubai.

Please share:

Indonesian President Joko Widodo has expressed his intention to emphasize global collaboration on climate finance at COP28. Indonesia is seeking concrete commitments, particularly from developed countries, to financially support the climate efforts of developing nations.

Indonesia’s climate targets

In line with its 2022 Nationally Determined Contribution (NDC), Indonesia has set itself the target of reducing its greenhouse gas emissions by 31.89% by 2030 through its own efforts, and by 43.2% with international support. Environment and Forestry Minister Siti Nurbaya will highlight the country’s climate actions, including plans to meet emissions reduction targets for 2030 and 2060.

Energy and environmental measures

Indonesia has succeeded in reducing emissions in the energy sector, notably through the state-owned electricity company PLN. Darmawan Prasodjo, CEO of PLN, stressed the importance of energy transition to support the country’s rapid economic growth, while focusing on environmentally friendly and affordable energy sources.

PLN’s Energy Transition Strategy

PLN plans to increase renewable energy capacity to 480 GW by 2060. The company forecasts that 75% of added generation capacity up to 2040 will come from renewables, and 25% from gas. A smart grid will be developed to route electricity from isolated renewable energy projects to large load centers in major cities.

Initiatives in the Transport Sector

In the transport sector, PLN is working with automotive companies to build electric vehicle infrastructures, including charging stations and battery exchange centers, in order to significantly reduce emissions from the sector.

MedcoEnergi’s commitment

Hilmi Panigoro, CEO of oil exploration company MedcoEnergi, has announced the company’s goal of achieving carbon neutrality by 2050. MedcoEnergi intends to use gas as a transitional source and actively develop solar and geothermal energy.

Indonesia is establishing itself as a key player in the fight against climate change, with ambitious initiatives in the energy, forestry and transport sectors. Indonesia’s proactive participation at COP28 underscores its commitment to a sustainable energy transition and increased international collaboration on climate financing.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Cuba, hit by two hurricanes and an acute energy crisis, receives enhanced support from Russia, including financial aid, equipment, and an educational partnership to develop its energy sector.
G7-linked tankers are returning to Russian routes, reaching a seven-month high as they seize opportunities presented by the weakness of Russian crude prices under the $60/barrel cap.
G7-linked tankers are returning to Russian routes, reaching a seven-month high as they seize opportunities presented by the weakness of Russian crude prices under the $60/barrel cap.
COP29: Tensions over EU Carbon Tax Stall Opening Discussions at Baku Summit
COP29: Tensions over EU Carbon Tax Stall Opening Discussions at Baku Summit
COP29 is launching a regulatory framework for carbon credit exchanges between countries and companies under UN supervision, aiming to ensure the reliability of these transactions in the fight against climate change.
COP29 is launching a regulatory framework for carbon credit exchanges between countries and companies under UN supervision, aiming to ensure the reliability of these transactions in the fight against climate change.
COP29: Azerbaijan Defends the Exploitation of Its Oil Resources Amid International Pressures
At COP29, Azerbaijan urges negotiators to swiftly adopt Article 6 rules, a critical issue for international carbon credit markets. Talks are intensifying in Baku, but obstacles remain.
At COP29, Azerbaijan urges negotiators to swiftly adopt Article 6 rules, a critical issue for international carbon credit markets. Talks are intensifying in Baku, but obstacles remain.
After being attacked by Houthis in August, the Sounion tanker begins, under high security, the transfer of one million barrels of oil to the Delta Blue in the Suez Canal, preventing a major ecological disaster.
After being attacked by Houthis in August, the Sounion tanker begins, under high security, the transfer of one million barrels of oil to the Delta Blue in the Suez Canal, preventing a major ecological disaster.
Venezuela and Russia signed several military and oil agreements aimed at strengthening their cooperation, solidifying a strategic alliance extending until 2030 and beyond.
Venezuela and Russia signed several military and oil agreements aimed at strengthening their cooperation, solidifying a strategic alliance extending until 2030 and beyond.
In response to trade tensions with the United States, Ursula von der Leyen proposed increasing imports of American liquefied natural gas (LNG) to replace Russian gas in Europe.
COP29 opens in Baku, Azerbaijan, amid global political uncertainty, with renewed calls for massive funding to support developing countries facing the climate crisis.
COP29 opens in Baku, Azerbaijan, amid global political uncertainty, with renewed calls for massive funding to support developing countries facing the climate crisis.
Eight Thai agencies sign an agreement with Germany to reduce CO₂ emissions through a "sector coupling" project, aiming for carbon neutrality by 2050 and net-zero emissions by 2065.
Eight Thai agencies sign an agreement with Germany to reduce CO₂ emissions through a "sector coupling" project, aiming for carbon neutrality by 2050 and net-zero emissions by 2065.
Iraq's Kurdistan Hopes for Quick Resumption of Oil Exports Despite Tensions with Baghdad
Iraq's Kurdistan Hopes for Quick Resumption of Oil Exports Despite Tensions with Baghdad
At COP29, the UN commits to regulating the carbon credit market to enhance transparency and quality, in an effort to reduce global CO2 emissions.
American oil exports to Asia, though stable, could be impacted by the next U.S. president’s foreign policy, especially regarding relations with China, Iran, and other producing countries.
American oil exports to Asia, though stable, could be impacted by the next U.S. president’s foreign policy, especially regarding relations with China, Iran, and other producing countries.
As the host of COP29, Azerbaijan is a land rich in oil and gas resources. Its current strategy focuses on natural gas to become an essential supplier in Europe.
As the host of COP29, Azerbaijan is a land rich in oil and gas resources. Its current strategy focuses on natural gas to become an essential supplier in Europe.
Amid geopolitical tensions and critical energy dependency, Ukraine explores a partnership with Qatar to diversify energy sources and attract investment into its energy infrastructure.
Amid geopolitical tensions and critical energy dependency, Ukraine explores a partnership with Qatar to diversify energy sources and attract investment into its energy infrastructure.
Amid an energy crisis, Mexico sends oil to Cuba to alleviate electricity shortages and oppose the U.S. embargo, a humanitarian gesture despite criticism.
Turkey and Senegal have concluded a hydrocarbons cooperation agreement, including oil and gas exploration, production, and trade, strengthening Ankara's ties with emerging African economies.
Turkey and Senegal have concluded a hydrocarbons cooperation agreement, including oil and gas exploration, production, and trade, strengthening Ankara's ties with emerging African economies.
Slovakia: SPP Denies Imminent Gas Supply Deal with Azerbaijan via Ukraine
Slovakia: SPP Denies Imminent Gas Supply Deal with Azerbaijan via Ukraine
World leaders will gather in Baku for COP29, a climate summit that may be disrupted by the U.S. election results, with crucial stakes surrounding the financing of the fight against global warming.
World leaders will gather in Baku for COP29, a climate summit that may be disrupted by the U.S. election results, with crucial stakes surrounding the financing of the fight against global warming.
In diversifying its energy markets, Nigeria partners with Grenada to develop the island’s hydrocarbon resources, with a potential multi-billion-dollar investment.
The Nordic market adopts a model for optimizing energy flows, integrating renewable energy sources and strengthening regional cooperation.
The Nordic market adopts a model for optimizing energy flows, integrating renewable energy sources and strengthening regional cooperation.
The adoption of the flow-based model transforms the Nordic energy market, fostering price convergence and new opportunities for regional players.
The adoption of the flow-based model transforms the Nordic energy market, fostering price convergence and new opportunities for regional players.
Nordic countries are adopting a flow-based market coupling model, enhancing their energy cooperation with the European Union and asserting their role in Europe’s energy security and green transition.
Nordic countries are adopting a flow-based market coupling model, enhancing their energy cooperation with the European Union and asserting their role in Europe’s energy security and green transition.

Advertising