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ESG Insights

Issue 176: Indonesia’s U-turn on coal phase-out; climate scenarios caught in paper retraction

This week in ESG: Cancellation of coal plant’s early retirement jeopardises multilateral programme; Retracted study used to model climate damage by central banks

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Kenneth Lim

Kenneth Lim

Published Fri, Dec 19, 2025 · 07:00 PM
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    • Coal consumption growth in South-east Asia will lead the world until 2030, says the International Energy Agency.
    • Coal consumption growth in South-east Asia will lead the world until 2030, says the International Energy Agency. ILLUSTRATION: KENNETH LIM

    Energy transition

    Indonesia’s coal phase-out back-out

    The ESG Insights newsletter is taking a break and will return on Jan 9.

    Indonesia’s decision to call off the early retirement of the Cirebon-1 coal-fired power plant may jeopardise the future of the landmark multilateral coal phase-out initiative known as the Just Energy Transition Partnership (JETP).

    ESG Insightsenergy transitionCoalsustainable financesustainable investingTransition financeSustainability reportingClimate-related financial disclosuresESG

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