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October 26, 2022, 05.55 PM

JAKARTA, – Coordinating Minister for Economic Affairs Airlangga Hartarto said Indonesia is ready to shut coal-fired power plants with a capacity of 9.1 gigawatts as early as in 2027.
"The move is [part of] energy diversification as a result of our [endeavors] for the G20 Summit next month," he said during Indonesia's Economic Priorities Forum in Jakarta, Tuesday, Oct. 25.

Other programs include biofuel and renewable energy, such as solar and hydro energy, to generate electricity, he said.

Also readIndonesia Detects New XBB Covid Variant: Health Minister

Besides, the government is mulling the use of nuclear energy for power plants.

The chief minister said Indonesia adopted two wide-ranging approaches to achieve the target of the climate change agenda through energy diversification and energy conservation efforts.

Indonesia has been committed to the Paris Agreement through the Nationally Determined Contribution (NDC) to cut carbon emissions by 29 percent in 2030 and achieve net zero emissions by 2060 or earlier.

The commitment is crucial as natural disasters, such as floods and landslides, affecting Indonesia in the past few years as the impact of climate change.

He said despite an economic slowdown in Indonesia, this momentum can push economic structural reforms, particularly those related to climate change.

Also readIndonesia Central Bank Forcasts Economy May Grow 5.2 Percent This Year

During the Covid-19 pandemic, Indonesia issued the Job Creation law or known as “omnibus law” that serves integrated reform to influence about 70 laws in 11 economic clusters. Under normal circumstances, it will likely take seven decades for the country to accomplish the omnibus law.

"We did it during the Covid-19 pandemic. Hence, when the pandemic almost ends, we will start economic restructuring and transformation," he said.

Source: State News Antara

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