Banks Give Green Light to Fund Energy Transition

The Financial Services Authority is in the process of revising the Green Taxonomy to enable funding for transitional measures toward clean energy. This includes initiatives such as the early retirement of coal-fired power plants, downstream activities, and the development of EV battery ecosystems.

Bisnis, JAKARTA — The Financial Services Authority (OJK) is in the process of revising the Green Taxonomy to enable funding for transitional measures toward clean energy. This includes initiatives such as the early retirement of coal-fired power plants, downstream activities, and the development of electric vehicle battery ecosystems.

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