DUBAI -- Indonesia is ready to execute a $20 billion renewable energy financing plan backed by wealthy nations, but investors must change their "business-as-usual" mindset for funding projects crucial to reducing coal power, the initiative's head told Nikkei Asia.
COP28
Indonesia has 'more opportunities than money' for energy transition
Deputy minister leading G7-backed finance plan pushes to unlock $20bn funding
Indonesia is home to Southeast Asia's largest floating solar plant. The country plans to boost the share of renewables in its on-grid power generation to 44% by 2030, up from around 13% today. © Reuters
Read Next
Latest on COP28
