Asia Pacific > World Bank arm invests $60 mln to decarbonise Indonesia’s second largest steel producer

World Bank arm invests $60 mln to decarbonise Indonesia’s second largest steel producer

Published 12:21 on September 5, 2024  /  Last updated at 12:21 on September 5, 2024  / /  Asia Pacific, Carbon Taxes, CBAM, International, Other APAC, Voluntary

The World Bank’s International Finance Corporation (IFC) has provided a loan of $60 million to the second largest steel producer in Indonesia in order to help the firm transition to low-carbon production and drive sector-wide decarbonisation.
The World Bank’s International Finance Corporation (IFC) has provided a loan of $60 million to the second largest steel producer in Indonesia in order to help the firm transition to low-carbon production and drive sector-wide decarbonisation.


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