(Courtesy CIA.gov) |
But officials say an effort to transform Indonesia’s energy generation, by providing access to international loans to develop the country’s rich geothermal potential, has potential but is running up against bureaucratic barriers that could slow progress toward reducing greenhouse gas emissions and creating additional power.
To support the development of geothermal power, the country is accessing $125 million in loans, at lower than usual interest rates, through the Clean Technology Fund (CTF), part of the Climate Investment Funds, a $7.6 billion international financing mechanism to support low-carbon development and adaptation to climate change in developing countries.
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