JAKARTA/KUALA LUMPUR/HO CHI MINH CITY -- Indonesia's recent lowering of its renewable energy targets highlights Southeast Asia's decarbonization challenges, with inflation and financing concerns growing across the region, from Malaysia to Vietnam.
In Malaysia, a weak currency squeezes financing for decarbonation efforts
Officers prepare an EV charging unit in Bali, Indonesia, in 2022. The rising costs for metals and minerals due to soaring demand for EVs have put Southeast Asia in a greenflation bind. (Antara Foto via Reuters)
JAKARTA/KUALA LUMPUR/HO CHI MINH CITY -- Indonesia's recent lowering of its renewable energy targets highlights Southeast Asia's decarbonization challenges, with inflation and financing concerns growing across the region, from Malaysia to Vietnam.