Multiple outlets report that a high-profile coal phase-out effort aimed at Indonesia has failed to deliver results, with no coal power plants closed under the flagship deal. The Conversation describes the arrangement as a roughly $20 billion climate finance package that is supposed to support an ambitious shift away from coal, but notes that it has not shut down a single plant. Phys.org adds specific detail, reporting that in December 2025 Indonesia quietly abandoned plans to close the Cirebon-1 coal power plant. Together, the reports indicate that implementation has stalled at the level of individual power stations, undermining the credibility of the broader phase-out commitment. The reporting also links the outcome to wider questions about how climate finance deals are structured and monitored, and whether funding is translating into enforceable, measurable emissions reductions. Both sources present the central issue as a lack of closures, rather than a reallocation of production, and emphasize that the failure has immediate implications for future coal-transition financing and program design.