Small print gives Indonesia a way out in COP coal pledge
Indonesia signed up to a pledge aimed at ending coal use at COP26. But a closer look at the terms shows it will be able to continue building coal plants at home.
Signatories of the UK-led Global Coal to Clean Power Transition Statement had the option to sign four different clauses. The first two committed to scaling up clean energy and the second two were designed to power down coal.
Indonesia didn’t back the clause calling for an end to building and financing new unabated coal, according to a statement from COP organisers. Indonesia is the world’s biggest coal exporter.
It will “consider accelerating coal phase out into the 2040s,” if there’s additional international financing to do so, the document shows.
Indonesia is set to get a share of nearly $2.5-billion from the Climate Investment Funds Accelerating Coal Transition (ACT) investment program, and also funds from the Asian Development Bank.
One UK official speaking on condition of anonymity, told reporters the statement was deliberately flexible from the outset to give as much room as possible to signatories.
Poland also signed the pledge. But the Climate Ministry in Warsaw said it wouldn’t phase out coal until the 2040s, the same timescale it was already planning.
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