Indonesia has experienced steady and positive economic growth in the last decade, averaging around 4–5% annually. This progress has been fueled by the expansion of key sectors such as manufacturing, mining, and infrastructure.
With rapid urbanization and economic growth in Southeast Asia (SEA), the demand for energy transition is surging. This steers the region toward renewable energy sources, as countries look to diversify their energy mix and reduce their reliance on fossil fuels and their price volatility, ultimately cutting their carbon emissions.
East Ventures and Temasek Foundation are pleased to announce the Climate Impact Innovations Challenge (CIIC) 2024, Indonesia's largest climate tech innovations competition.