Indonesia
CARBON CAPTURE AND STORAGE (CCS) INVESTMENTS IN INDONESIA REACH IDR640.79 TRLN
Indonesia has secured US$38 billion (IDR 640.79 trillion) in carbon capture and storage (CCS) investments, aimed at developing a major CCS project in the Java Sea by 2030. According to the Indonesia Carbon Capture and Storage Center (ICCSC), the initiative—backed by companies like Exxon—could store emissions for up to 200 years, create 170,000 jobs annually, and boost GDP by up to 1%. The project positions Indonesia to meet growing global demand for low-carbon products, especially as the European Union prepares to enforce its Carbon Border Adjustment Mechanism (CBAM) in 2026. This regulation will impose taxes on high-emission imports, pushing exporters to adopt cleaner technologies. With hard-to-decarbonize industries like steel and cement, Indonesia sees CCS as essential for staying competitive and aims to export blue ammonia to emission-conscious markets like the EU and Japan.Source: https://lestari.kompas.com/read/2025/04/22/070000286/investasi-ccs-yang-masuk-indonesia-capai-rp-640-79-triliun#google_vignette (ICE GIACARTA)
Fonte notizia: KOMPAS, 22 April 2025