Financial institutions are 'underperforming' in lending to aquaculture, which is perceived to be too risky, said experts at the Indonesia edition of the Unlocking capital for sustainability forum.
Indonesia's plan for transitioning from coal has lacked clarity. But industry observers say the latest power strategy demonstrates a marked shift from the past, and could create incentives for initiating more clean energy projects in the coming years.
The country’s taxonomy aims to be a blueprint for other major mining economies, like Chile, Indonesia, Canada and South Africa. The European Union is also in the midst of developing thresholds for what counts as a “green” mining project.