Indonesian Parliament Approves $24 Billion in Energy Subsidies

The Indonesian parliament has approved a government request to pump $24 billion into energy subsidies to help cancel out the surge in domestic energy prices driven by global inflation. Parliament greenlighted on Thursday additional energy subsidies worth 74.9 trillion rupiah …

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Afghanistan’s State Power Company DABS In Talks with Iran and China as Blackouts Loom

The interim government of the Taliban has opened talks with Iran, and China over electricity supplies due to massive debts with Tajikistan, a neighboring country, and a major power supplier. The Da Afghanistan Breshna Sherkat (DABS), the state power company, …

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Japan to Provide $10 Billion Financial Support for Decarbonization Projects in Asia

Japan announced on Monday that it will provide $10 billion financial aid for decarbonization efforts in Asia that would help installation of renewable capacity to more transitional steps like replacing coal with natural gas. Hiroshi Kajiyama, Japan’s Minister of Economic, …

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