Indonesia, as one of the world’s largest greenhouse gas (GHG) emitters, is positioned to make substantial contribution to the global climate mitigation efforts. In 2020, emission from energy sector is estimated to outstrip the emissions from land use, land-use change and forestry (LULUCF). This trend continues in 2030, where energy sector will contribute to half of the total emission. Recognizing its critical importance in the global mitigation actions, Indonesian government has pledged to reduce emissions through domestic efforts by 29% by 2030 or by 41% conditional on international support under the INDC framework. This chapter aims to discuss the economic feasibility of low-carbon technologies (LCTs) to achieve INDC targets and how regional cooperation could augment the domestic action for timely emission reduction. While there has been progress towards low-carbon economy, obstacles are still evident, especially on the investment side. International supports have potential to help accelerate this progress.
|Title of host publication||Globalization of Low-Carbon Technologies: The Impact of the Paris Agreement|
|Editors||Venkatachalam Anbumozhi & Kaliappa Kalirajan|
|Place of Publication||Singapore|
|Publication status||Published - 2017|