Amid the growing urgency of the climate crisis, Indonesia’s banking sector continues to be a major financial backer of the coal industry, disbursing up to US\$7.2 billion in loans from 2021 to 2024. A report by the #BersihkanBankmu Coalition reveals that five national banks contributed US\$5.6 billion, with Bank Mandiri as the largest financier. This trend highlights the government’s weak commitment to energy transition, as it plans to expand coal power capacity—contradicting President Prabowo’s recent pledge to achieve 100% renewable energy within the next decade.