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Asian Development Bank approves $500m loan for Indonesia's clean energy transition and coal reduction.
The Asian Development Bank has approved a $500 million loan to Indonesia to aid its transition to clean energy and reduce reliance on coal.
The funding will establish a solid policy framework and enhance governance and financial sustainability in the energy sector.
This initiative is part of Indonesia's goal to achieve net-zero carbon emissions by 2060, with support from the G7's Just Energy Transition Partnership.
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El Banco Asiático de Desarrollo aprueba un préstamo de 500 millones de dólares para la transición de Indonesia en materia de energía limpia y la reducción del carbón.