Monday, July 23, 2018

Indonesia: Asian Development Bank Helping to Finance Geothermal Energy Projects

Full Steam Ahead for Indonesia’s Low-Carbon Future (ADB)

Developing sustainable energy sources is critical to meet Indonesia’s increasing power demand. The country has 40% of the world's geothermal resources. Development of these resources will help diversify the country's energy mix to meet the demand and its commitment to reduce 30% of its carbon dioxide emissions by 2030.

While the Indonesian government is improving its geothermal program to attract more investors, development partners like the Asian Development Bank (ADB) are helping mobilize financing from public and private sectors to develop these resources.

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