EcoSecurities Group Limited (EcoSecurities) and PT Energi Selalu Baru (ESB), a subsidiary of PT NFC Indonesia Tbk, MCASH Group, are strategically collaborating on the ‘Indonesia Sustainable Ride’ program through the “Sustainable Electric Motorbike Ride” activity, an ambitious initiative to reduce carbon emissions through the distribution of several hundred thousand Volta electric motorcycles across Indonesia over the next five years (2025– 2030).
This initiative is part of the implementation of the Program of Activity (PoA) and Voluntary Project Activity (VPA) developed by both parties intended to be registered at an international carbon registry standard, with the primary goal of reducing greenhouse gas emissions from fossil fuel-powered vehicles and improving air quality in the program’s operational areas.
“For nearly 30 years, EcoSecurities has utilized climate and carbon finance to drive global decarbonization. The PoA and VPA activities will encourage the use of low-emission vehicles, which will reduce ambient air pollution generated by the use of each vehicle unit,” said Gina Lisdiani, Asia Pacific Commercial Manager from EcoSecurities, when introducing the initiative.
Through the VPA program, the electric vehicles distributed will be used for commercial purposes and are expected to result in a reduction of more than 130,000 tonnes of CO2 during the first five years implementation period.
“PT Energi Selalu Baru (ESB), through Volta’s electric motorcycles and SGB infrastructure system, is aiming to provide alternative solutions to the traditional ICE motorbikes. We believe the transition to clean energy solutions will be a significant benefit to our ecosystem and have the direct impact on reducing carbon emissions,” explained Okie Octavia Kurniawan, CEO of Energi Selalu Baru & Volta Group.
In the Indonesia Sustainable Ride program, EcoSecurities will provide their technical expertise and comprehensive outreach on carbon credits. Their strong understanding of the economic and environmental benefits of electric vehicles and alternative solutions will help contribute to achieving Indonesia’s national climate targets.
Through this collaboration, EcoSecurities and ESB hope to foster the growth of a sustainable electric vehicle ecosystem and deliver a positive impact on the environment and the people of Indonesia as a whole.
“For nearly 30 years, EcoSecurities has utilized climate and carbon finance to drive global decarbonization. The PoA and VPA activities will encourage the use of low-emission vehicles, which will reduce ambient air pollution generated by the use of each vehicle unit.”
Gina Lisdiani
Asia Pacific Commercial Manager, EcoSecurities
About PT Energi Selalu Baru (ESB)
PT Energi Selalu Baru (ESB) a subsidiary of PT NFC Indonesia Tbk (IDX: NFCX) is a clean energy company focused on providing infrastructure for electric vehicle (EV) players in Indonesia. ESB, through its subsidiary, PT Volta Indonesia Semesta, manufactures electric motorcycles under the brand name, Volta. Additionally, ESB provides a Battery Swap System (Sistem Ganti Baterai or SGB), which allows electric motorcycle users to swap their batteries easily, enhancing user convenience. ESB’s battery swap stations and Volta dealerships are currently located throughout Indonesia. By providing essential infrastructure, ESB contributes to the transition to clean energy and sustainable transportation in Indonesia.
About Volta
PT Volta Indonesia Semesta creates and develops technologies to advance the nation, particularly in the field of eco-friendly transportation technology. Volta also optimizes the utilization of its resources to produce high-quality products and services. Always prioritizing technological innovation, Volta offers electric vehicles with leading-edge features, providing the best environmentally friendly riding experience. For more information, visit https://voltaindonesia.com.
About PT NFC Indonesia Tbk
PT NFC Indonesia Tbk (“NFCX”) is a public company engaged in the provision of integrated digital and technology ecosystems in Indonesia. Focused on platform-based digital services, NFCX supports various sectors, including communications, content distribution, and electronic transactions. As part of the MCAS Group, NFCX plays a crucial role in accelerating Indonesia’s digital transformation, offering innovative solutions to help businesses and communities navigate the ever-evolving digital age. For more information, visit www.nfcindonesia.id.
About EcoSecurities
EcoSecurities is a leading global climate solutions company that leverages the power of nature, technology and finance to help accelerate decarbonisation efforts around the world. With almost three decades of experience, the company has extensive capabilities in developing renewable energy, waste, nature and technology-based and community projects. The company has deployed over $1 billion in climate finance and generated more than 400 million carbon credits across 700 projects in 45 countries. EcoSecurities works closely with industry-leading standard setters, governance bodies and membership organisations to realize the full potential of high-integrity carbon markets across a variety of methodologies and protocols. Headquartered in Switzerland, the company has a presence in 11 countries and has received strategic investment from SK, Shinhan, Hartree Partners and Sustainable Investment Management.