Nomico
Vol. 2 No. 3 (2025): Nomico - April

The Future of The Green Economy in Indonesia: Challenges and Opportunities in The Energy Transition

Loso Judijanto (IPOSS Jakarta)
Pramudi Harsono (Universitas Bina Bangsa kota Serang Banten)
Olyvia Rosalia (Universitas Islam Negeri Sulthan Thaha Saifuddin Jambi)



Article Info

Publish Date
30 Apr 2025

Abstract

This study aims to analyze the challenges and opportunities in Indonesia's transition towards a green economy, with a focus on the shift from fossil fuel dependence to renewable energy. As a developing country with abundant natural resource potential, Indonesia faces significant challenges in reducing greenhouse gas emissions and achieving the Net Zero Emission target by 2060. The study finds that although Indonesia has significant renewable energy potential such as solar, wind, and geothermal energy the development of renewable energy infrastructure and technology remains limited. Additionally, resistance from the fossil fuel industry and energy distribution inequality across regions pose obstacles to the implementation of energy transition policies. However, this transition also offers new economic opportunities, including the creation of green jobs and the growth of the green technology sector. Collaboration among the government, private sector, society, and academia is needed to accelerate the transition towards a sustainable green economy.

Copyrights © 2025






Journal Info

Abbrev

NJ

Publisher

Subject

Economics, Econometrics & Finance

Description

The journal publishes original articles on current issues and trends occurring internationally in accounting, financial accounting, public sector accounting, auditing, economics, economics education, development economics, economic statistics, monetary economics, international economics, ...