By Abidah Setyowati

East Asia Forum-July 21

In May 2021, Indonesia’s biggest utility company, Perusahaan Listrik Negara (PLN), pledged to phase out fossil fuels by 2060 in order to achieve carbon neutrality. The announcement marks a dramatic shift in the country’s electricity policy that has long been dependent on fossil fuels, especially coal. It is a sign that decisions by major lenders — including Japan, South Korea and the Asian Development Bank — to divest from coal have severely restricted the country’s options for financing coal plant infrastructure.

Read more at: https://www.eastasiaforum.org/2021/07/21/making-indonesias-carbon-neutrality-a-reality/