Coal Could Be Green at the Revised Green Taxonomy
Monday, September 18, 2023
The OJK changes the Green Taxonomy criteria. Coal and palm oil are now in the green category based on aspirations from banks and industry actors.
TIZA Mafira spontaneously reacted when Mahendra Siregar, Chair of the Board of Commissioners of the Financial Services Authority (OJK) announced its plan to revise Indonesia’s Green Taxonomy. Tiza, who is the Director of the Climate Policy Initiative (CPI), contacted her colleague, an OJK official, to inquire about the plan. The official, Tiza revealed, said that they would invite CPI to discuss material for the revision of the Green T
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