, Indonesia
A screenshot of Pertamina's president director and CEO Nicke Widyawati during a panel discussion of UN Climate Change Conference (COP27) in Sharm El Sheikh, Egypt, on Sunday (6/11/2022). (ANTARA/Bayu) (ACNewswire)

Pertamina backs Indonesia’s 2060 net-zero target

Indonesia raised its carbon emission reduction target to 31.89% by 2030.

State-owned PT Pertamina is in support of Indonesia’s plan to achieve net-zero emissions by 2060. 

"In terms of emission reduction, Pertamina has set a target of 30% emission reduction in 2030, versus our 2010 baseline," Pertamina's president director and CEO Nicke Widyawati said during the UN Climate Change Conference (COP27) in Egypt.

“In 2021, Pertamina has succeeded in reducing greenhouse gas (GHG) emissions by 7.4 million metric tons of carbon dioxide equivalents or 29.09% compared to the 2010 baseline.”

Read more: Indonesia’s Pertamina signs up for hydrogen development

Indonesia had increased its GHG emission reduction target to 31.89% through its own efforts and to 43.2% with international assistance. 

In line with this, Pertamina had also earmarked around US$40b of its cumulative CAPEX up to 2060 to biofuels, renewable energy sources, carbon capture and storage, and battery amongst others.

 

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!