News / #wind
The number of new coal plants under development in the Organisation for Economic Co-operation and Development (OECD) region has reached record lows since the signing of the Paris Agreement in 2015.
Indonesia has committed to reaching net zero emissions by 2060, but its reliance on biofuels could create new environmental harms.
The new Partnership for Carbon Accounting Financials guidance goes beyond the dominant financed emissions metric and could be used to quantify avoided emissions from financing the early phase-out of coal, which has gained momentum in Asia.
Indonesia targets net zero by 2060, but environmentalists worry about slow renewables growth and reliance on biofuels.
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