JAKARTA -- Indonesia will need $200 billion per annum in the next decade and over $1 trillion annually in the next four decades to achieve its target of net zero carbon emissions by 2060, a recent government study showed, highlighting the need for massive financing in a country heavily reliant on coal.
Climate Change
Indonesia needs $200bn a year until 2030 for net-zero emissions
Cutting fuel subsidies and selling carbon units are options to boost coffers
A coal mine in Tabalong, Kalimantan island. Indonesia is the world's largest thermal coal exporter and its population is heavily reliant on the commodity for energy. © Antara Foto / Reuters
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