Key Points

• Banks are diversifying into climate friendly investment portfolios
• Raising capital for coal-fired power plants will grow more difficult over time or lose financial support from present lenders.
• Indonesia could turn capital raising challenges into opportunities for decarbonizing its power sector.

Note: Part of COP26 Policy Briefs by The Climate Compatible Growth programme. The original article can be found at https://climatecompatiblegrowth.com/wp-content/uploads/2021/07/3E-COP26-Policy-Brief.pdf.