Right now banks are weighing up whether to give Indonesia's biggest power
company—PLN—more money for its polluting coal plants. Even though air
pollution from these coal plants has killed thousands and is giving
children bronchitis and tuberculosis. 

Demand banks put people's health first and don't fund PLN's polluting
plans!

[ [link removed] ] Sign the petition 

   
John,

Children in Indonesia are suffering from bronchitis, tuberculosis and even
dying because of PLN’s greedy fossil fuel expansion.

PLN is Indonesia’s biggest electricity provider. But instead of generating
clean energy from renewable sources, the corporation continues to burn
dirty coal. Air pollution and ash from its coal plants has killed more
than 2,500 people.

But PLN is running out of money to finance its polluting plans and is
desperately going to western banks like Citi, HSBC and Standard Chartered
asking them to back its €500 million bond. This is where we come in. If we
show the banks just how toxic PLN’s plans are they’ll have no choice but
to walk away.

[ [link removed] ]Tell banks Citi, HSBC and Standard Chartered: don’t fund PLN’s
polluting plans.

PLN’s big bond is maturing in October this year. Which means PLN must pay
back the €500 million it borrowed, or try and get it refinanced through
the banks. Western banks Citi, HSBC and Standard Chartered were all
involved in financing PLN’s old bond, but since then HSBC and Standard
Chartered have started to scale back their support for coal projects.

Global momentum is building for clean, renewable energy sources every day.
Solar and wind are the cheapest form of new energy and the banks know
this. Let’s make sure they don’t bow to pressure from PLN to keep
financing polluting and outdated forms of energy.

[ [link removed] ]Sign the petition: Citi, HSBC and Standard Chartered don’t finance
PLN’s coal addiction.

We’ve done it before. Together, we forced Indonesian coal giant Adaro to
spin off its coal business. HSBC and Standard Chartered are already
backing away from coal projects worldwide. With enough pressure, we can
make them walk away from PLN too.



[ [link removed] ] Sign the petition 



Thanks for all that you do,
Apekshita, Nish and the team at Ekō


More information:

[ [link removed] ]PLN is keeping Indonesia dependent on coal
BankTrack 18 February 2025
[ [link removed] ]Transboundary Air Pollution in the Jakarta, Banten, and West Java
provinces
Centre for Research on Energy and Clean Air 01 August 2020
[ [link removed] ]Indonesian utility PLN ordered to disclose coal plants’ emissions data
Mongabay 31 January 2024

 

 

Ekō is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.

Please help keep Ekō strong by chipping in $3. [link removed]