Indonesian President Prabowo Subianto has promoted the national sovereign fund’s investment in the waste-to-energy industry after taking office. (Photo: Wikimedia Commons)
Indonesia’s sovereign wealth fund Danantara is fast-tracking its waste-to-energy (WtE) program, with at least eight projects scheduled to break ground by the end of October.
The initiative will gradually expand to 33 cities nationwide, with each plant requiring up to USD 180 million in investment and generating around 15 MW of power. The overall program is expected to cut up to 80% of the country’s greenhouse gas emissions.
