Indonesia Still Awaits $20 Billion G7 Funding to Shift Away From Coal

Indonesia Still Awaits $20 Billion G7 Funding to Shift Away From Coal

Indonesia, the largest economy in Southeast Asia, is still awaiting a large part of the $20 billion funding it was promised by the richest nations to facilitate its move away from coal, a government official said on Monday. “If you push us to retire our coal plants early, how do we finance it? The interest on the finance needs to be attractive,” Luhut Pandjaitan, a senior minister overseeing mining, said at the Coaltrans Asia industry event, as …