Prospects of Energy Transition in Indonesia
The Indonesian government has submitted its plan for nationally determined contributions (NDCs) to the United Nations and has committed to achieving net-zero emissions (NZEs) by 2060. While looking to reduce emissions from forestry, the government has prioritised a transition to renewable energy in...
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Veröffentlicht in: | Bulletin of Indonesian economic studies 2023-05, Vol.59 (2), p.149-177 |
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container_title | Bulletin of Indonesian economic studies |
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creator | Resosudarmo, Budy P. Rezki, Jahen F. Effendi, Yuventus |
description | The Indonesian government has submitted its plan for nationally determined contributions (NDCs) to the United Nations and has committed to achieving net-zero emissions (NZEs) by 2060. While looking to reduce emissions from forestry, the government has prioritised a transition to renewable energy in the energy sector. However, Indonesia faces challenges owing to its lower-middle-income status, limited budgets and constraints in attracting international finance. This paper aims to assess Indonesia's potential for realising its energy transition goals. It evaluates the country's economic strength, past experiences in energy transition and the current status of ongoing initiatives. It concludes that significant progress is possible, but achieving NZEs by 2060 remains a major challenge. |
doi_str_mv | 10.1080/00074918.2023.2238336 |
format | Article |
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While looking to reduce emissions from forestry, the government has prioritised a transition to renewable energy in the energy sector. However, Indonesia faces challenges owing to its lower-middle-income status, limited budgets and constraints in attracting international finance. This paper aims to assess Indonesia's potential for realising its energy transition goals. It evaluates the country's economic strength, past experiences in energy transition and the current status of ongoing initiatives. 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While looking to reduce emissions from forestry, the government has prioritised a transition to renewable energy in the energy sector. However, Indonesia faces challenges owing to its lower-middle-income status, limited budgets and constraints in attracting international finance. This paper aims to assess Indonesia's potential for realising its energy transition goals. It evaluates the country's economic strength, past experiences in energy transition and the current status of ongoing initiatives. It concludes that significant progress is possible, but achieving NZEs by 2060 remains a major challenge.</abstract><cop>Canberra</cop><pub>Routledge</pub><doi>10.1080/00074918.2023.2238336</doi><tpages>29</tpages><oa>free_for_read</oa></addata></record> |
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source | PAIS Index; Business Source Complete |
subjects | Alternative energy Budgets carbon market climate change policy climate finance Climate policy Emissions Energy industry energy transition Finance Forestry Government Indonesian economy International finance Prospects Renewable energy |
title | Prospects of Energy Transition in Indonesia |
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