{"id":69276,"date":"2021-06-21T11:33:56","date_gmt":"2021-06-21T04:33:56","guid":{"rendered":"https:\/\/www.ekuatorial.com\/?p=69276"},"modified":"2021-06-21T11:34:04","modified_gmt":"2021-06-21T04:34:04","slug":"south-korea-faces-a-public-reckoning-for-financing-coal-plants-in-indonesia","status":"publish","type":"post","link":"https:\/\/www.ekuatorial.com\/en\/2021\/06\/south-korea-faces-a-public-reckoning-for-financing-coal-plants-in-indonesia\/","title":{"rendered":"South Korea faces a public reckoning for financing coal plants in Indonesia"},"content":{"rendered":"\n<p><em>This story was first published on <a href=\"https:\/\/news.mongabay.com\/2021\/04\/south-korea-faces-a-public-reckoning-for-financing-coal-plants-in-indonesia\/\">Mongabay<\/a> on 15 April 2021.<\/em><\/p>\n\n\n\n<p>By Seulki Lee<\/p>\n\n\n\n<p>\u201cBlack particles of ash get carried in the wind all the way here,\u201d says Nurhasanah, a resident of the coastal town of Suralaya in Indonesia\u2019s West Java province. \u201cIf I don\u2019t mop every day, you can see dirty footprints from ash on the floor. When they were burning coal there at the plant, my son here would get sick. He said it\u2019s because of the ash.\u201d<\/p>\n\n\n\n<p>Nurhasanah lives in the shadow of the oldest and largest coal-fired power plant complex in Indonesia: eight units with a combined capacity of 4,025 megawatts, making it the largest in all of Southeast Asia.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Indonesian community opposes coal power plant expansion financed by Korea\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/Fz_2vw2wIdU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>In addition to health effects, some residents say the plant has damaged the area\u2019s fisheries, traditionally a mainstay of the local economy. \u201cWhat\u2019s concerning is the fish here,\u201d says Heri, a 49-year-old fisherman from Suralaya who recently took a part-time job as a goat herder. \u201cAfter unloading coal from the barge, the mixture of seawater and coal dust is thrown back at sea, and that\u2019s what makes fish die.\u201d<\/p>\n\n\n\n<p>Despite these local grievances, the Indonesian government plans to make the Suralaya coal-fired power plant complex even bigger, under a $3.5 billion project sponsored mainly by South Korean public financing agencies.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"468\" height=\"312\" src=\"https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Drawings.jpg?resize=468%2C312&#038;ssl=1\" alt=\"\" class=\"wp-image-69278\" srcset=\"https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Drawings.jpg?w=468&amp;ssl=1 468w, https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Drawings.jpg?resize=300%2C200&amp;ssl=1 300w\" sizes=\"auto, (max-width: 468px) 100vw, 468px\" \/><figcaption>Drawings of Suralaya Power Plant adorn the wall of a kindergarten in a residential area near the Suralaya Power Plant in Cilegon, Banten, Indonesia. Image by Eka Nickmatulhuda. <span class=\"image-credit\">Credit: Eka Nickmatulhuda<\/span><\/figcaption><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-growth-of-a-mega-facility\"><strong>The growth of a mega facility<\/strong><\/h2>\n\n\n\n<p>The planned Jawa 9 &amp; 10 coal-fired power plants will add an additional 2,000 MW of generating capacity to the existing Suralaya complex. The project is being undertaken by <a href=\"https:\/\/www.irt.co.id\" target=\"_blank\" rel=\"noreferrer noopener\">PT Indo Raya Tegana<\/a>, a special purpose company shared by state-owned PT Indonesia Power (51%), private power company PT Barito Pacific (34%), and state-run Korea Electric Power Corporation, or KEPCO (15%).<\/p>\n\n\n\n<p>The construction of the two generating units and the supporting facilities, including a jetty and disposal facilities, is expected to be completed in December 2024 by South Korean contractor Doosan Heavy Industries &amp; Construction together with Indonesian state-owned construction firm PT Hutama Karya.<\/p>\n\n\n\n<p>The project managed to secure around $1.9 billion of public financing from South Korea, with funds coming from the Export-Import Bank of Korea, or KEXIM ($700 million); the Korea Trade Insurance Corporation, or K-Sure ($700 million); the Korea Development Bank ($400 million); and KEPCO ($51 million).<\/p>\n\n\n\n<p>An additional $2.6 billion in financing comes from a consortium of seven commercial and public banks from Malaysia (CIMB and Maybank), South Korea (KEB Hana Bank), China (Bank of China), and Indonesia (Bank Mandiri, BNI and the Indonesia Eximbank).<\/p>\n\n\n\n<p>Proponents of the Jawa 9 &amp; 10 project say this massive investment will stimulate economic growth at both the national and local level. \u201cIn the midst of [a] declining national economy and impact of COVID-19, initiation of the project in 2020 will be giving a very direct positive impact not only for the surrounding community but also the national economy,\u201d says Igan Subawa Putra, corporate secretary of Indonesia Power. \u201cThe start of this project is very eagerly awaited by the local community and national industry players because it will absorb around 10,000 workers.\u201d<\/p>\n\n\n\n<p>Some in Suralaya, however, have a different view of the project\u2019s economic impacts.<\/p>\n\n\n\n<p>Siti, a 30-year-old Suralaya resident, says she and her husband lost their livelihood when the construction began. The new units are being built on Kelapa Tujuh Beach, where the couple worked as vendors selling coconuts and other drinks. \u201cWhen we had beaches, my husband never needed a job,\u201d Siti says. \u201cThe income from selling coconut was enough. But now \u2026\u201d<\/p>\n\n\n\n<p>Concerns about unemployment among Suralaya residents are a common refrain in the community around the Jawa 9 &amp;10 site.<\/p>\n\n\n\n<p>\u201cNo need to give too many arguments, just give us facts,\u201d says Jumani, 64. \u201cIf only they let 50% of the locals living in Suralaya and Lebak Gede to work there, that would significantly cut the number of unemployment; if that\u2019s the case, we don\u2019t mind with the new construction.\u201d<\/p>\n\n\n\n<p>Jumani also says locals, including community leaders, were not allowed to give input during the planning process for the construction of units 9 and 10. \u201cIndeed, for common people like us, we don\u2019t know much about the permitting process, about the environmental impact analysis,\u201d he says.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"468\" height=\"312\" src=\"https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Jumani.jpg?resize=468%2C312&#038;ssl=1\" alt=\"\" class=\"wp-image-69280\" srcset=\"https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Jumani.jpg?w=468&amp;ssl=1 468w, https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Jumani.jpg?resize=300%2C200&amp;ssl=1 300w\" sizes=\"auto, (max-width: 468px) 100vw, 468px\" \/><figcaption>Jumani, who says area residents were not involved in the planning process for Jawa 9 &amp; 10, stands at what used to be a tourist beach prior to the redevelopment of the area by Suralaya Power Plant units 5-8 in Banten, Indonesia. Image by Eka Nickmatulhuda.<\/figcaption><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-south-korean-public-financing-for-jawa-9-10\"><strong>South Korean public financing for Jawa 9 &amp; 10<\/strong><\/h2>\n\n\n\n<p>In South Korea, there has also been debate about whether the plant should go forward using South Korean public money, especially since South Korea is itself shifting away from fossil fuels.<\/p>\n\n\n\n<p>At a KEPCO board meeting on June 26, 2020, questions were raised about the feasibility of the Jawa 9 &amp; 10 project, and its contribution to South Korea\u2019s economy and the global climate crisis. Debate was so heated the meeting ended without a resolution. The decision to go ahead with the investment was not finalized until a second meeting four days later.<\/p>\n\n\n\n<p>\u201cThe project has been carried out over the past few years through continuous review and compliance with the established procedures. Corporate decision-making is risk-taking and requires a decision to drive the business,\u201d reads the summary of the attendees\u2019 remark from the minutes of June 30 KEPCO meeting.<\/p>\n\n\n\n<p>That decision, in turn, paved the way for South Korean export credit agencies, such as K-Sure and KEXIM, to provide loans and project financing security for the project.<\/p>\n\n\n\n<p>A number of South Korean laws provide the legal basis for public investment in the Jawa 9 &amp; 10 project: the KEPCO Act, Korea Development Bank Act, Export-Import Bank of Korea Act, and Trade Insurance Act. These encourage South Korean companies, both government-owned and private, to do business overseas, and do not stipulate regulations regarding carbon emissions.<\/p>\n\n\n\n<p>A 2020 <a href=\"https:\/\/www.kosif.org\/wp-content\/uploads\/2021\/01\/%ED%83%88%EC%84%9D%ED%83%84-%EB%B0%B1%EC%84%9C-%EC%98%81%EB%AC%B8-0128.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">white paper<\/a> published by lawmaker Yangyi Won-young and a group of local and international environmental NGOs showed that South Korean public institutions have robustly funded overseas coal-fired power plants between 2009 and 2020. The paper concluded that, at a time when much of the world is undergoing an energy transition away from fossil fuels, South Korean financing for Jawa 9 &amp; 10 would cause \u201cthe privatization of profits, socialization of losses.\u201d<\/p>\n\n\n\n<p>\u201cIncluding Jawa 9 &amp; 10 in Indonesia and Vung Ang-2 in Vietnam, the coal-fired power plants that South Korea is investing and building around the world will not exist without South Korea,\u201d says Sejong Youn, the director of South Korean climate justice advocacy group Solution for Our Climate. \u201cThis is actually against the global decoupling trend.\u201d<\/p>\n\n\n\n<p>To counter the legal framework behind South Korea\u2019s public financing of Jawa 9 &amp; 10, <a href=\"https:\/\/news.mongabay.com\/2018\/11\/activists-urge-end-to-south-korean-funding-of-indonesia-coal-plants\/\">Indonesian and South Korean civil society<\/a> members and legal experts have symbolically appealed for environmental justice in South Korean courts. On Aug. 29, 2019, three residents of Java filed a petition with the Seoul Central District Court seeking a preliminary injunction to stop South Korean public financial institutes from financing Jawa 9 &amp; 10. The plaintiffs criticized the South Korean government for providing massive public funds to foreign coal projects while domestically phasing out coal.<\/p>\n\n\n\n<p>In July 2020, as criticism of the project mounted both domestically and abroad, a group of 21 South Korean lawmakers made a motion to amend the country\u2019s investment-promotion acts to explicitly ban public corporations and funds from being involved in overseas coal-fired power projects. The bill is still under review, but if passed, would prohibit South Korean public funds from being used to either build coal power plants or extend their lifespans.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"468\" height=\"312\" src=\"https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Siti-Rohayati.jpg?resize=468%2C312&#038;ssl=1\" alt=\"\" class=\"wp-image-69282\" srcset=\"https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Siti-Rohayati.jpg?w=468&amp;ssl=1 468w, https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Siti-Rohayati.jpg?resize=300%2C200&amp;ssl=1 300w\" sizes=\"auto, (max-width: 468px) 100vw, 468px\" \/><figcaption>Siti Rohayati at her roadside coconut kiosk near the Suralaya Power Plant in Cilegon, Banten, Indonesia. Image by Eka Nickmatulhuda.<\/figcaption><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-power-politics\"><strong>Power politics<\/strong><\/h2>\n\n\n\n<p>The South Korean government has been making a groundbreaking turn in its domestic energy mix since the very beginning of the Moon Jae-in administration in 2017.<\/p>\n\n\n\n<p>South Korea\u2019s \u201c8th Basic Plan for Long-term Power Supply and Demand\u201d (2017-2031), announced in December 2017, sends a very clear policy message promoting a transition away from fossil fuels by gradually reducing the share of coal-fired power generation facilities from 31.6% of the total energy mix in 2017, to 22.9% by 2031. At the same time, it calls for increasing the share of renewables from 9.7% to 33.6%. South Korea\u2019s new energy master plan in 2019 set a renewable energy share in the power sector to 35% by 2040.<\/p>\n\n\n\n<p>U.S. investment manager BlackRock, the world\u2019s biggest, said in April 2020 that KEPCO\u2019s investment in coal plants appears to contravene the utility\u2019s energy transition commitments.<\/p>\n\n\n\n<p>\u201cWe speculate on two main reasons why the South Korean government continues to support overseas coal-fired power plant projects. First is to rescue Doosan Heavy Industries &amp; Construction from global coal phaseout trend,\u201d said Yang Yeon-ho, coal campaigner for Greenpeace Korea. \u201cThe second reason is foreign and industrial policy known as the \u2018Team Korea\u2019 and \u2018New Southern Policy.\u2019\u201d<\/p>\n\n\n\n<p>Doosan Heavy Industries &amp; Construction is one of South Korea\u2019s leading coal power developers, with the sector accounting for up to 80% of its projects. Since 2015, Doosan, which is headquartered in South Korea\u2019s southern industrial heartland, has been struggling to recover from cumulative losses driven by a decline in domestic and international power generation orders.<\/p>\n\n\n\n<p>Campaigners and activists in South Korea are concerned that KEPCO\u2019s decision to invest taxpayer money in the Jawa 9 &amp; 10 project is an attempt to buy time for Doosan at the expense of global climate and public health.<\/p>\n\n\n\n<p>\u201cWhen the 8th basic plan was declared, Doosan announced that they would quit nuclear power generation (for renewables). But Doosan received 3.6 trillion won [$3.2 billion] of emergency bailout in early 2020. Government might have feared that Doosan\u2019s loss of the coal-fired power plant business would devastate the local economy with massive unemployment,\u201d Yang says.<\/p>\n\n\n\n<p>On the policy side, Yang points to \u201cTeam Korea,\u201d a term used by government officials and the business sector to promote pairing private companies with related government agencies and public financial institutions when entering overseas markets.<\/p>\n\n\n\n<p>Under the Moon Jae-in administration, South Korea has also adopted the \u201cNew Southern Policy\u201d diplomacy initiative to strengthen economic ties with Southeast and South Asian countries. The policy was enacted after South Korea, whose economy is highly dependent on trade, experienced a large trade deficit due to geopolitical conflict with China over the deployment of a U.S. anti-missile battery in South Korea in 2016.<\/p>\n\n\n\n<p>This new foreign policy was put on public display during President Moon\u2019s state visit to Indonesia in November 2017. During the visit, South Korea and Indonesia signed 11 memorandums of understanding and three agreements to expand cooperation in various industrial fields, including energy and power generation.<\/p>\n\n\n\n<p>In South Korea, these agreements were seen as a rescue signal for the country\u2019s coal-fired power generation industry, including Doosan Heavy Industries &amp; Construction. In Indonesia, the agreements fit in with a broader trend of boosting coal-fired power to support domestic mining firms.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"468\" height=\"312\" src=\"https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Subur-Jamsiah.jpg?resize=468%2C312&#038;ssl=1\" alt=\"\" class=\"wp-image-69284\" srcset=\"https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Subur-Jamsiah.jpg?w=468&amp;ssl=1 468w, https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Subur-Jamsiah.jpg?resize=300%2C200&amp;ssl=1 300w\" sizes=\"auto, (max-width: 468px) 100vw, 468px\" \/><figcaption>Subur and his wife Jamsiah, as well as a herd of goats, with Suralaya Power Plant units 1-7 visible in the background. Image by Eka Nickmatulhuda.<\/figcaption><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-who-benefits-from-jawa-9-10-project\"><strong>Who benefits from Jawa 9 &amp; 10 project?<\/strong><\/h2>\n\n\n\n<p>Because the project will be built with foreign capital, Indonesian officials see no reason to disagree with it, says Youn, the South Korean climate activist. \u201cIndonesia seems to be benefiting,\u201d he says, but he notes that lower-than-expected growth in Indonesia\u2019s economy and energy demand could mean the project will become \u201cvery burdensome.\u201d<\/p>\n\n\n\n<p>In addition to the possibility of sluggish electricity demand, South Korean activists and lawmakers have warned that if regulations on greenhouse gas emissions become stricter, the Jawa 9 &amp; 10 plants might have to close even before the project pays for itself, leaving investors with a stranded asset.<\/p>\n\n\n\n<p>This is of particular concern, Youn says, because analyses, including a preliminary feasibility study conducted in 2019 by the Korean Development Institute (KDI), indicate that the endeavor could be a loss-making one for South Korea and undermine the financial soundness of public enterprises. Based on publicly available data, KDI concluded that the project would suffer around $10 million in losses due to KEPCO\u2019s overestimation of the revenue from selling electricity.<\/p>\n\n\n\n<p>\u201cIt might look like that construction company and investors are cherry-pickers of this project,\u201d Youn says. \u201cBut Doosan will have to bear the additional cost because it lowers the construction cost to win the contract and investors will also have to pay for the loss of their business with Jawa 9 &amp; 10 project.\u201d<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"468\" height=\"263\" src=\"https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Suralaya-coal.jpg?resize=468%2C263&#038;ssl=1\" alt=\"\" class=\"wp-image-69286\" srcset=\"https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Suralaya-coal.jpg?w=468&amp;ssl=1 468w, https:\/\/i0.wp.com\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Suralaya-coal.jpg?resize=300%2C169&amp;ssl=1 300w\" sizes=\"auto, (max-width: 468px) 100vw, 468px\" \/><figcaption>View of the Suralaya coal power plant in Cilegon city, Banten Province, Indonesia. Image by Kasan Kurdi \/ Greenpeace. <span class=\"image-credit\">Credit: Kasan Kurdi\/Greenpeace<\/span><\/figcaption><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-is-the-deal-done\"><strong>Is the deal done?<\/strong><\/h2>\n\n\n\n<p>Due to domestic and international pressure, the South Korean government has officially announced the country will no longer invest in new coal-fired power plants overseas as of 2020. That makes Jawa 9 &amp; 10 in Indonesia and Vung Ang-2 in Vietnam the two last overseas coal energy investments by Seoul.<\/p>\n\n\n\n<p>Some activists say it\u2019s still possible South Korean support for Jawa 9 &amp; 10 might also be revisited.<\/p>\n\n\n\n<p>\u201cI think that if local residents continue to raise questions about air pollution and greenhouse gas emissions, and continue to point out problems in the licensing process, the legitimacy of the project will be scratched and the decisions could be changed,\u201d Youn says.<\/p>\n\n\n\n<p>Climate advocates like Youn say they hope the Jawa 9 &amp; 10 plants can be turned into LNG power plants, citing the precedent of Samsung\u2019s <a href=\"http:\/\/nangluongvietnam.vn\/news\/en\/electricity\/the-proposal-to-converse-vung-ang-power-center-3-from-coal-to-lng-burning-in-pdp-viii.html\" target=\"_blank\" rel=\"noreferrer noopener\">Vung Ang-3<\/a> power plant, which was originally contracted as a coal plant but is now going through a review process by the Vietnamese government to be transitioned to LNG.<\/p>\n\n\n\n<p>Others have called on South Korea to share its technological prowess with countries like Indonesia, rather than help to further entrench fossil fuel use.<\/p>\n\n\n\n<p>\u201cIt\u2019s important to remember the role of public finance from technology exporting countries,\u201d says Fabby Tumiwa, executive director of Indonesian private policy think tank the Institute for Essential Services Reform (IESR). As financial interest in the coal industry has declined in the private sector, the industry is increasingly being subsidized by aid from countries including Japan and South Korea. Fabby says the government should instead focus on supporting green industries: \u201cWhat we can do is actually exchanging renewable generation technology with incentives.\u201d<\/p>\n\n\n\n<p>He adds that if South Korea gives up coal and instead creates financing vehicles through South Korean public banks to invest in Indonesian renewable energy projects, it will dramatically alter the direction of both countries\u2019 energy transition, ultimately benefiting the economy and public health in both countries.<\/p>\n\n\n\n<p><em>With additional reporting from Della Syahni.<\/em><\/p>\n\n\n\n<p><em>Reporting for this story was supported by a grant from Internews\u2019 <\/em><a href=\"https:\/\/earthjournalism.net\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Earth Journalism Network.<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Residents in Indonesia&#8217;s Suralaya are dealing with respiratory ailments and declining fish catches. They blame the South Korea supported power plants. Despite protests, the Jokowi government plans to expand coal-fired power projects.<\/p>\n","protected":false},"author":7,"featured_media":69284,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4051,3948,3912],"tags":[4190,4099,4188,4187,4101,4186,4191,3972],"partner":[],"coauthors":[3675],"class_list":["post-69276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-java","category-multimedia-en","tag-air-pollution-2","tag-coal-en","tag-coal-financing","tag-coal-power-plants","tag-fossil-fuel-en","tag-pltu-jawa","tag-public-health-2","tag-water-pollution-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>South Korea faces a public reckoning for financing coal plants in Indonesia<\/title>\n<meta name=\"description\" content=\"The Indonesian government plans to expand the Suralaya coal-fired power plant, under a $3.5 billion project sponsored mainly by South Korean public financing agencies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ekuatorial.com\/en\/2021\/06\/south-korea-faces-a-public-reckoning-for-financing-coal-plants-in-indonesia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea faces a public reckoning for financing coal plants in Indonesia\" \/>\n<meta property=\"og:description\" content=\"Residents in Indonesia&#039;s Suralaya are dealing with respiratory ailments and declining fish catches. They blame the South Korea supported power plants. Despite protests, the Jokowi government plans to expand coal-fired power projects.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ekuatorial.com\/en\/2021\/06\/south-korea-faces-a-public-reckoning-for-financing-coal-plants-in-indonesia\/\" \/>\n<meta property=\"og:site_name\" content=\"Ekuatorial\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Ekuatorial\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/florence.armein\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-21T04:33:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-06-21T04:34:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ekuatorial.com\/wp-content\/uploads\/2021\/06\/Seulki_Subur-Jamsiah.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"468\" \/>\n\t<meta property=\"og:image:height\" content=\"312\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta 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