The World Bank has urged Indonesia to drop a policy forcing miners to supply a set amount of subsidised coal to its state power company, which it said has encouraged the use of the dirty fuel in ...

The World Bank said on Tuesday it had approved a $1.14 billion project to expand access to cleaner electricity in Indonesia, for which it will provide $500 million in financial support, and $600 ...

The nuclear renaissance has come to the World Bank, but obstacles still remain with regard to funding and liabilities.

As the world’s largest archipelago of 17,000 islands, Indonesia spans two bio-geographic regions - the Indomalayan and Australasian - and supports tremendous biodiversity of animal and plant life in ...

The World Bank has approved a loan of around US$600 million to support the development of 540MW of new solar and wind ...

The World Bank offered a big chunk of funding to Indonesia, a signal that the Washington-based lender is pushing back against China’s ambitions to finance projects in the region.

Prevailing economic ideas -- and fashions -- about development have influenced the International Development Association (IDA) since its creation in 1960. The creation of the organization itself is ...

Despite their stated aim of boosting low-carbon growth, World Bank policy loans to countries like Indonesia are creating subsidies for coal, gas and oil projects, according to a report released ...

The World Bank estimated Indonesia's current account deficit relative to GDP would progressively widen to 0.9% in 2024, 1.4% in 2025 and 1.6% in 2026, from 0.1% last year.

Indonesia is proposing about $4 billion of projects to funders including the World Bank and the Asian Development Bank to help wean itself off of coal, with a deal possible as early as next week.

TEMPO.CO, Jakarta - The World Bank projects Indonesia’s economy to grow by 4.7 percent in 2025, a downward revision from its earlier forecast of 5.1 percent in January.. In the Global Economic ...

JAKARTA – The World Bank said on Tuesday it had approved a US$1.14 billion (S$1.54 billion) project to expand access to cleaner electricity in Indonesia, for which it will provide US$500 million ...