According to the World Bank’s latest Indonesia Economic Prospects report “A Green Horizon: Toward a High Growth and Low Carbon Economy”, Indonesia’s structural reforms will be important to building a more competitive, resilient, and greener economy.
An analytical section of the report discusses policy priorities to turn Indonesia’s climate commitments into actions while still advancing the country’s broader development objectives. The power sector will have a central role in contributing to Indonesia’s target of cutting greenhouse gas emissions by at least 26 percent with business-as-usual approach and by as much as 41 percent with enhanced international support by 2030, and of reaching carbon neutrality by 2060. Phasing down coal and scaling up renewable energy will be central to meeting Indonesia’s low carbon transition targets.
Download the report here
