Released at COP29, a new report by Landscape Indonesia and the Center for Global Sustainability (CGS) shows that by advancing the adoption of renewables, Indonesia can grow its economy and meet long-term climate targets. But that transformation requires major policy reforms, investments, and tech advancements to reduce the country’s reliance on coal.
As the world seeks to address the challenges of climate change, Indonesia has a unique opportunity to advance its transition away from fossil fuels while also fostering significant economic growth. The Just Energy Transition Partnership offers critical financial resources for that transition, but reducing the country’s reliance on coal-fired power plants will remain a challenge.
According to a new report from Landscape Indonesia and the Center for Global Sustainability, Indonesia has the potential to meet the renewable transition targets, like those agreed upon by other countries under the COP28 pledge. Indonesia can do that by tripling renewable energy capacity and doubling energy efficiency by 2030. For example, the report notes that emissions from Indonesia’s electricity sector could drop by 30% by 2030 and reach net-zero emissions by 2060 if the country adopts more ambitious climate targets aligned with the 1.5°C goal. However, this ambitious goal will require significant policy changes, investments, and technological innovation to reduce coal reliance.