Indonesia committed to phasing out coal in 2022, with $20bn of help from wealthy nations and banks But, since then, these very same big banks have also been funding companies driving the expansion of coal in the country 📸 Garry Andrew Lotulung / Anadolu Agency via Getty Images

Nov 4, 2025 · 11:08 AM UTC

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Indonesia’s coal consumption has more than doubled over the past 10 years It now ranks 8th in the world for planet-heating emissions
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The effects of Indonesia’s coal expansion are widely felt – with local communities reporting failed crops and rainwater running black with coal dust Read more 👇 thebureauinvestigates.com/st…

Big banks’ coal money is derailing Indonesia’s green plans

HSBC and Citigroup are among the banks backing a renewable plan – while helping fund coal expansion

thebureauinvestigates.com
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