Analysis: Why the World’s Most Ambitious Coal Phase‑Out Deal Has Failed – And What It Means for Climate Finance
By Freddie Daley, Charlie Lawrie
In December 2025, Indonesia quietly abandoned plans to close the Cirebon-1 coal power plant.
This was no ordinary power plant. Cirebon-1 was supposed to be the centrepiece of a US$21.4 billion (£16.5bn) international deal backed by the US, UK, Japan and the EU to help Indonesia end coal use.
Source: The Conversation (link opens in a new window)
- Categories
- Energy, Environment
