Asia climate news and trends: Indonesia biofuels program targets 5.7 million acres of protected forests 

Asia

Asia climate news and trends: Indonesia biofuels program targets 5.7 million acres of protected forests 

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Indonesia program triggers deforestation alarms 

Jakarta’s plan to convert land to food and biofuels production includes 5.7 million acres of protected forests. Mongabay

New plant taps Indonesia’s heat

US company Ormat announces the start of commercial operations of the 35 MW Ijen geothermal plant in East Java with PT Medco Power Indonesia. Global Newswire

China to shrink renewables energy subsidies 

Beijing prepares to phase out subsidies for solar and wind after a massive expansion in generating capacity. Oil Price

Vietnam private bank aims at $5 billion in green bonds

Techcombank announces ambitious goals to lead in climate finance. The Asian Business Review

Aussie partnership to fund Indonesia low-carbon projects

Australia’s flagship impact fund (ADI) partners with venture capital firm AC Ventures to target renewables, electric vehicles, sustainable ag, and more. AC Ventures

Featured image: Protected forest area in Kuta Malaka, Aceh Besar, Indonesia. Credit: Mongabay / Inayat Syah Putra / Wikimedia Commons

Written by

Kari Huus

Kari Huus is a writer and editor based in Seattle. She was a staff reporter for MSNBC.com from 1996-2014, with stints covering international business, foreign policy, and national affairs. Earlier, she reported on China for the Far Eastern Economic Review in Hong Kong, and Newsweek in Beijing. From 2015 to 2020, she was managing editor for the website Money Talks News.