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Indonesia slashes its 2030 target for carbon emissions from the power sector and boost its renewable energy generation share in a draft roadmap released on Nov. 1 for $20 billion in financing from rich nations to wean off coal.

Indonesia is finalizing a regulation that will open up carbon capture and storage (CCS) projects to more industries and allow greenhouse gases from other countries to be stored in Indonesia, a government official said on Oct. 31.

Indonesia wants to develop projects on new energy sources such as nuclear, hydrogen and ammonia to achieve its Net Zero Emissions (NZE) by 2060 or sooner, according to the Ministry of Energy and Mineral Resources (ESDM).

Indonesian government has launched a road map for low-carbon tourism and hopes that this road map will guide the tourism industry towards achieving carbon neutrality.

The Indonesian government is still working on finalizing its carbon tax regulation, which aims to anticipate the EU’s CBAM that will be fully implemented in 2026.

Vice President Ma'ruf Amin has called for stricter carbon emission testing on motorized vehicles in Jakarta to combat air pollution.

Indonesia's Financial Services Authority (OJK) has released a series of rules for the establishment of a carbon exchange, with the goal of launching an onshore carbon trading market by the year-end.

Indonesia will ease rules that have slowed development of solar power in the coal-dependent country, lifting one of the many legal roadblocks to the archipelago’s goal of reaching net zero emissions by 2050.

Climate activists urge Indonesia to ensure that the global carbon market does not undermine genuine greenhouse gas emission reduction efforts ahead of the COP28 in Dubai.

Indonesia could reach net-zero emissions by 2055, five years ahead of the government’s goal of 2060, if it receives financial and technology support, Indonesia’s Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan said on Tuesday.