Full steam ahead for Indonesia’s low-carbon future

Developing sustainable energy sources is critical to meet Indonesia’s increasing power demand. The country has 40% of the world’s geothermal resources. Development of these resources will help diversify the country’s energy mix to meet the demand and its commitment to reduce 30% of its carbon dioxide emissions by 2030.

While the Indonesian government is improving its geothermal program to attract more investors, development partners like the Asian Development Bank (ADB) are helping mobilize financing from public and private sectors to develop these resources.

ADB, through the Climate Investment Funds (CIF), and its private sector partners are supporting three landmark geothermal power projects in North, South and West Sumatra. These energy projects demonstrate how private sector investment can drive geothermal energy development.

Original source: ADB
Published on 25 July 2018