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Wednesday, June 07, 2023

Indonesia says it can reach net-zero emissions by 2055, five years ahead of target

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Indonesia is a leading coal exporter and more than 60 per cent of the nation’s electricity is generated by burning the fuel, which is the single-largest source of carbon dioxide emissions heating up the planet. 

The Indonesian government has been working closely with donor governments, banks and foundations to help accelerate the green transition,

In 2022, Indonesia reached two deals to help accelerate the early closure of coal-fired power plants. 

In the largest deal, wealthy nations – including the United States and Japan – agreed to provide Indonesia with US$20 billion (S$27 billion) in public and private finance.

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