Bisnis, JAKARTA—Indonesia lags in renewable energy compared to its Southeast Asian neighbors. Yet, its climate targets are so ambitious that Indonesia requires additional funding equal to 70 percent of the state budget.
Indonesia Lags Behind in 2030 Climate Targets
The government’s set climate targets for 2030 still require a massive investment of IDR 2,372 trillion, in addition to funding from the state budget and other climate investments.
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