Home East AsiaEnergyIndonesia’s new definition of climate-friendly investment risks greenwashing coal power

Indonesia’s new definition of climate-friendly investment risks greenwashing coal power

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The OJK is debating whether coal-fired power plants that supply energy to eco-friendly sectors, like electric vehicles (EV), can earn a green classification. This controversial proposition underscores the need to sync environmental policies with social progress and economic growth.

At the heart of the debate over the classification is Presidential Regulation 112/2022, which aims to speed up the use of renewable energy for electricity. This regulation potentially spares coal-fired power plants from early retirement based…



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