Bisnis, JAKARTA — The Indonesian government has secured climate investment funding of $500 million from various international banks, equivalent to IDR7.6 trillion (assuming an exchange rate of IDR15,300 per US dollar), through the Energy Transition Mechanism (ETM) Country Platform scheme.
RI Receives IDR7.6 Trillion Funding to Retire Coal Power Plants
Indonesia receives $500 million in funding for the early retirement of coal-fired power plants, according to the Ministry of Finance.
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