Indonesia could reach net-zero emissions by 2055, five years ahead of the government’s goal of 2060, if it receives financial and technical support, Indonesia’s Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan said on Tuesday.
Indonesia is a major coal exporter and over 60% of the nation’s electricity is generated by burning fuel, which is the single-largest source of carbon dioxide emissions heating up the planet.
Indonesia has been collaborating with wealthy nations, the Asian Development Bank (ADB), and others to help fund the early retirement of coal plants.
“I believe with the technology, with collaboration, with the spirit of the government of Indonesia, the people of Indonesia, we can do it earlier than 2060. I hope that we can do it maybe by 2055 or earlier,” Mr Luhut said on the sidelines of the Ecosperity
