RIYADH: Indonesia will need an additional funding of $148 billion to meet its goal of curbing carbon emissions in 2030, Bloomberg reported.
The southeast Asian country needs a total of $365 billion in green investments to cut emissions by 29 percent, head of Fiscal Policy Agency, Febrio Kacaribu, said in a briefing.
Of the total amount needed, $97 billion is to come from the government, while $120 billion to come from planned private investments.
Indonesia could reduce emissions by 41 percent with “concrete” international help, Kacaribu added.