DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
we're - 1 David Elzinga - 1 Simon Jessop - 1 David Lawder - 1 Christopher Cushing - 1
Top related locs:
DUBAI Indonesia Dubai Kazakhstan Pakistan Philippines Vietnam Indonesian
Top related orgs:
Asian Development Bank - 1 Transition - 1 ADB - 1 PT PLN - 1 PT - 1 Indonesia Investment Authority - 1 INA - 1 Thomson - 1

Search resuls for: "David Elzinga"


3 mentions found


☆ Indonesia, ADB, owners agree to shutter first coal-fired power station early
  + stars: | 2023-12-03 | by ( Simon Jessop David Lawder | Simon Jessop | David Lawder | ) www.reuters.com   time to read: +2 min
The deal, announced during the COP28 climate talks in Dubai on Sunday, is the first under the ADB's Energy Transition Mechanism (ETM) programme, which aims to help countries cut their climate-damaging carbon emissions. "If we don't address these coal plants, we're not going to meet our climate goals," David Elzinga said on the sidelines of the conference. "By doing this pilot transaction, we are learning what it takes to make this happen," David Elzinga said. ADB also has active ETM programmes in Kazakhstan, Pakistan, the Philippines, and Vietnam, and is considering transactions in two other countries, it said. Reporting by Simon Jessop and David Lawder; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.
Persons: we're, David Elzinga, Simon Jessop, David Lawder, Christopher Cushing Organizations: Asian Development Bank, Reuters, Transition, ADB, PT PLN, PT, Indonesia Investment Authority, INA, Thomson Locations: DUBAI, Indonesia, Dubai, Kazakhstan, Pakistan, Philippines, Vietnam, Indonesian, Jakarta
☆ Indonesia, ADB launch first coal power plant retirement deal
  + stars: | 2022-11-14 | by ( David Lawder | ) www.reuters.com   time to read: +4 min
[1/2] A man stands on an escalator ahead of the G20 summit in Nusa Dua, Bali, Indonesia, November 13, 2022. REUTERS/Ajeng Dinar UlfianaNUSA DUA, Indonesia, Nov 14 (Reuters) - Indonesia, the Asian Development Bank and a private power firm are teaming up to refinance and prematurely retire a coal-fired power plant, the first such project under a groundbreaking carbon emissions reduction programme, they announced on Monday. The Manila-based multilateral lender and Indonesian Finance Minister Sri Mulyani Indrawati announced the MOU with independent power producer Cirebon Electric Power in Bali on the sidelines of the G20 leaders summit. ADB also said a number financial firms and philanthropic groups have expressed interest in participating in the transaction. The ADB officials said they expect the Cirebon deal to give private investors more confidence to explore future participation, and that the development finance institution's leadership may help shield them from any negative public perceptions regarding new investments in coal financing.
☆ EXCLUSIVE Indonesia, ADB launch first coal power plant retirement deal
  + stars: | 2022-11-14 | by ( David Lawder | ) www.reuters.com   time to read: +4 min
[1/2] A man stands on an escalator ahead of the G20 summit in Nusa Dua, Bali, Indonesia, November 13, 2022. REUTERS/Ajeng Dinar UlfianaNUSA DUA, Indonesia, Nov 14 (Reuters) - Indonesia, the Asian Development Bank and a private power firm are teaming up to refinance and retire early the first coal-fired power plant under a groundbreaking new carbon emissions reduction project that moves from concept to reality on Monday. The Manila-based lender and Indonesian Finance Minister Sri Mulyani Indrawati are set to announce the MOU with independent power producer Cirebon Electric Power on Monday in Bali on the sidelines of the G20 leaders summit. "With this announcement, we're taking the first steps in what was an ambitious project and making it real," he added. ADB also said a number financial firms and philanthropic groups have expressed interest in participating in the transaction.
0 next >>
Total: 3