ESG Investing /
Viewpoint
Rethinking sustainable livelihoods from ground up
In regions where economic activity has long revolved around fossil fuel extraction, ensuring a just transition requires developing alternative livelihoods that account for each community’s specific needs. Regional endowment funds could be a useful vehicle for funding these local initiatives
Grita Anindarini
31 Oct 2026
When the energy transition confronts difficult economic conditions within a country, addressing the transition’s unequal impact becomes both more challenging and more imperative. In Indonesia, with an economy recently described as a “ticking time bomb”, coal mining has long been the main driver of GDP in certain regencies and provinces. Pursuit of the energy transition in such places raises the tricky political question of how to support economic diversification and boost economic growth, in these areas while also combating climate change.