ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Indonesia weighs carbon tax in bid to fund pandemic spending

Finance Ministry outlines economic and fiscal policies in new document

Cars are seen on the road in Jakarta last year. (Photo by Dimas Ardian)

JAKARTA -- Indonesia is considering introducing a carbon tax as it seeks to boost revenue to fund its spending to support an economy reeling from the COVID-19 pandemic.

The carbon tax could be applied to fossil fuels and emissions released by factories or vehicles, as well as "carbon-intensive" industries such as pulp and paper, cement, power generation and petrochemicals. The initiative was included in a Finance Ministry document, issued last week, that outlines the economic framework and fiscal policies for next year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more