Dec 17, 2020
Thursday, 17 December 2020 - Auriga Nusantara held a virtual discussion to socialize about what and how the Responsible Mining Index (RMI) instrument works; asking for input from the stakeholders consisting of government, mining companies represented by associations and civil society organizations who are working on issues extractive industry.
Dec 17, 2020
Thursday, 17 December 2020 - This topic was raised due to the mandatory biodiesel policy which increased the conversion of forests to oil palm plantations by considering President Joko Widodo's ambition to accelerate the implementation of biodiesel even up to B100. The policy which was claimed has many positive impacts could threaten Indonesia's forests.
Nov 11, 2020
What We Cover
The government of Indonesia has disbursed a number of funds from the state budget to support Badan Pengelola Dana Perkebunan - Kelapa Sawit (BPDP-KS) in funding the mandatory biodiesel program through subsidies. Within the framework of the National Economic Recovery (Pemulihan Ekonomi Nasional/PEN), the government provided IDR 2.78 trillion to cover the current poor financial position of the BPDP-KS. Reflecting on energy subsidies a few years ago, government action is risky because the price of biodiesel oil is very vulnerable to the effects of global conditions. With the pandemic situation that has not yet subsided and the government's ambition to increase the biodiesel mixture, the government needs more appropriate steps. On the other hand, the sustainability of the program is needed to increase energy security and keep domestic demand stable.