Phouphet Kyophilavong: Climate change is a severe threat to the world. Decarbonization is crucial to mitigating climate change. Indonesia aims to achieve net-zero emissions by 2060. However, achieving net-zero emissions faces severe challenges for developing countries; it is difficult to achieve (Jaumotte et al. 2021; Deutch 2020; Kyophilavong 2023).
This paper aims to assess the climate policy gaps to achieve net-zero emissions in Indonesia.
In addition, the authors also provide two case studies for the assessment of climate policies. The climate policies include (1) carbon pricing (carbon market and carbon tax); (2) green public financing (climate budget tagging, sovereign green bonds/sukuk); (3) green finance and monetary policy (sustainability reporting disclosure, green taxonomy, green bonds, and LTV/FTV); (4) land use sector (conservation, moratorium, restoration, food estate, and capital city relocation); and (5) the energy sector (energy plan, electricity plan, energy transition mechanism [ETM], and just energy transition partnership...