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Top related persons:
we're - 1 David Elzinga - 1 Simon Jessop - 1 David Lawder - 1 Christopher Cushing - 1
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Indonesia Investment Authority - 2 Asian Development Bank - 1 Transition - 1 ADB - 1 PT PLN - 1 PT - 1 INA - 1 Thomson - 1

Search resuls for: "Indonesia Investment Authority"


5 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's energy transition is challenging, says Indonesia Investment Authority
  + stars: | 2023-11-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia's energy transition is challenging, says Indonesia Investment AuthorityRidha Wirakusumah, CEO of Indonesia's sovereign wealth fund, says "the government is really trying extremely hard in terms of incentives."
Organizations: Indonesia Investment Authority Locations: Indonesia
☆ Indonesia Investment Authority on plans to set up a 'green' EV fund
  + stars: | 2022-11-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia Investment Authority says the country is 'blessed' with natural resources to make EV partsRidha Wirakusumah, CEO of Indonesia's sovereign wealth fund, says the country has an "extremely large" market for electric vehicles.
☆ Indonesia to set up $2 bln EV fund with China's CATL, CMB International
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: +1 min
JAKARTA, Nov 14 (Reuters) - The Indonesia Investment Authority, the country's sovereign wealth fund, is to set up a green electric vehicle (EV) fund of at least $2 billion with China's battery maker CATL and CMB International, the fund's CEO said on Monday. INA CEO Ridha Wirakusumah then signed an agreement for the partnership with company executives from CATL and CMB International. "With CATL and CMB International as the main partners, we are looking for limited partners to invest in the green EV fund, to seize this EV value chain opportunity primarily in Indonesia," Ridha said. Indonesia is keen to develop its own EV and battery industries at home, after banning exports of nickel ore to ensure supply for investors since 2020. Earlier this year, CATL announced a $6 billion power battery project in Indonesia, in partnership with Indonesian companies.
☆ Indonesia Investment Authority names the four areas it's paying attention to
  + stars: | 2022-09-29 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia Investment Authority names the four areas it's paying attention toRidha Wirakusumah, CEO of Indonesia's sovereign wealth fund, says it's focusing on infrastructure, health care, digitalization and energy.
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