{"id":44912,"date":"2022-03-04T11:04:24","date_gmt":"2022-03-04T11:04:24","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=44912"},"modified":"2026-04-20T15:13:58","modified_gmt":"2026-04-20T15:13:58","slug":"paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/","title":{"rendered":"Paris Alignment of Power Sector Finance Flows in Indonesia: Challenges, Opportunities and Innovative Solutions"},"content":{"rendered":"\n<p>This brief, by examining the current financing landscape of the Indonesian electricity generation sector, and its alignment with Indonesia\u2019s Ministry of Energy and Mineral Resources&#8217; Net Zero Emission 2060 Scenario (MEMR\u2019s NZE 2060),&nbsp;aims to identify the challenges and opportunities in financing Indonesia\u2019s ambitious targets on renewable energy towards an energy transition.<\/p>\n\n\n\n<p><strong>Key findings<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Total tracked power sector finance commitments stood at USD 5.3 billion per annum between 2015-2020, dominated by fossil fuels, but investments to renewables increased between 2017 and 2019. However, 2020\u2019s trend signals a setback.<\/li><li>Fossil fuel-based power plants accounted for 46 percent (with 84 percent of total fossil fuel-based finance commitments directed toward coal-fired projects), followed by 44 percent of renewable energy projects (34 percent for grid connected renewables and 10 percent mini grid and off grids), and the remaining 9 percent for other renewable technologies and market support.<\/li><li>Finance from international sources, particularly from DFIs, accounted for 65 percent of all finance commitments to the power sector. A key turnaround in 2018, when international finance to fossil fuel-based energy sources (primarily for coal), dropped by 68 percent over the period 2018-2020, driven by a shift in market preference and global policy signals to align financing with Paris Agreement objectives.<\/li><\/ul>\n\n\n\n<p>This report is part of the <a href=\"https:\/\/www.seforall.org\/data-and-evidence?publication_series%5B50%5D=50\">Energizing Finance<\/a> series<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This brief examines the challenges and opportunities in financing Indonesia\u2019s ambitious targets on renewable energy towards an energy transition.<\/p>\n","protected":false},"author":132,"featured_media":44913,"template":"","format":"standard","meta":{"_acf_changed":false},"programs":[480,1787],"regions":[518,392,156],"topics":[912,801,108,1503],"collaborations":[],"class_list":["post-44912","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","programs-energy-finance","programs-sustainable-finance-integrity","regions-developing-economies","regions-global","regions-indonesia","topics-economic-development","topics-energy-access","topics-energy-efficiency","topics-green-recovery"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Paris Alignment of Power Sector Finance Flows in Indonesia: Challenges, Opportunities and Innovative Solutions - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"id_ID\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paris Alignment of Power Sector Finance Flows in Indonesia: Challenges, Opportunities and Innovative Solutions - CPI\" \/>\n<meta property=\"og:description\" content=\"This brief examines the challenges and opportunities in financing Indonesia\u2019s ambitious targets on renewable energy towards an energy transition.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/\" \/>\n<meta property=\"og:site_name\" content=\"CPI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClimatePolicyInitiative\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-20T15:13:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/03\/photo-1473341304170-971dccb5ac1e.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/03\/photo-1473341304170-971dccb5ac1e.jpg\" \/>\n<meta name=\"twitter:site\" content=\"@climatepolicy\" \/>\n<meta name=\"twitter:label1\" content=\"Estimasi waktu membaca\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 menit\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/id\\\/publication\\\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/id\\\/publication\\\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\\\/\",\"name\":\"Paris Alignment of Power Sector Finance Flows in Indonesia: Challenges, Opportunities and Innovative Solutions - CPI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/id\\\/publication\\\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/id\\\/publication\\\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/photo-1473341304170-971dccb5ac1e.jpg\",\"datePublished\":\"2022-03-04T11:04:24+00:00\",\"dateModified\":\"2026-04-20T15:13:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/id\\\/publication\\\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\\\/#breadcrumb\"},\"inLanguage\":\"id\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/id\\\/publication\\\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"id\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/id\\\/publication\\\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/photo-1473341304170-971dccb5ac1e.jpg\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/photo-1473341304170-971dccb5ac1e.jpg\",\"width\":600,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/id\\\/publication\\\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/id\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/publication\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Paris Alignment of Power Sector Finance Flows in Indonesia: Challenges, Opportunities and Innovative Solutions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#website\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"name\":\"CPI\",\"description\":\"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"id\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#organization\",\"name\":\"Climate Policy Initiative\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"id\",\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"contentUrl\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/CPI_logo_cmyk_transparent.png\",\"width\":1728,\"height\":720,\"caption\":\"Climate Policy Initiative\"},\"image\":{\"@id\":\"https:\\\/\\\/www.climatepolicyinitiative.org\\\/pt-br\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/ClimatePolicyInitiative\",\"https:\\\/\\\/x.com\\\/climatepolicy\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/climate-policy-initiative\\\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCE8V0iDgBU8mreZdBegVCcA\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Climate_Policy_Initiative\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Paris Alignment of Power Sector Finance Flows in Indonesia: Challenges, Opportunities and Innovative Solutions - CPI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/","og_locale":"id_ID","og_type":"article","og_title":"Paris Alignment of Power Sector Finance Flows in Indonesia: Challenges, Opportunities and Innovative Solutions - CPI","og_description":"This brief examines the challenges and opportunities in financing Indonesia\u2019s ambitious targets on renewable energy towards an energy transition.","og_url":"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/","og_site_name":"CPI","article_publisher":"https:\/\/www.facebook.com\/ClimatePolicyInitiative","article_modified_time":"2026-04-20T15:13:58+00:00","og_image":[{"width":600,"height":400,"url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/03\/photo-1473341304170-971dccb5ac1e.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_image":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/03\/photo-1473341304170-971dccb5ac1e.jpg","twitter_site":"@climatepolicy","twitter_misc":{"Estimasi waktu membaca":"1 menit"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/","url":"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/","name":"Paris Alignment of Power Sector Finance Flows in Indonesia: Challenges, Opportunities and Innovative Solutions - CPI","isPartOf":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/#primaryimage"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/#primaryimage"},"thumbnailUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/03\/photo-1473341304170-971dccb5ac1e.jpg","datePublished":"2022-03-04T11:04:24+00:00","dateModified":"2026-04-20T15:13:58+00:00","breadcrumb":{"@id":"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/#breadcrumb"},"inLanguage":"id","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/"]}]},{"@type":"ImageObject","inLanguage":"id","@id":"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/#primaryimage","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/03\/photo-1473341304170-971dccb5ac1e.jpg","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2022\/03\/photo-1473341304170-971dccb5ac1e.jpg","width":600,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/paris-alignment-of-power-sector-finance-flows-in-indonesia-challenges-opportunities-and-innovative-solutions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.climatepolicyinitiative.org\/id\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.climatepolicyinitiative.org\/publication\/"},{"@type":"ListItem","position":3,"name":"Paris Alignment of Power Sector Finance Flows in Indonesia: Challenges, Opportunities and Innovative Solutions"}]},{"@type":"WebSite","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#website","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","name":"CPI","description":"Climate Policy Initiative works to improve the most important energy and land use policies around the world, with a particular focus on finance.","publisher":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"id"},{"@type":"Organization","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#organization","name":"Climate Policy Initiative","url":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/","logo":{"@type":"ImageObject","inLanguage":"id","@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/","url":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","contentUrl":"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2021\/07\/CPI_logo_cmyk_transparent.png","width":1728,"height":720,"caption":"Climate Policy Initiative"},"image":{"@id":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ClimatePolicyInitiative","https:\/\/x.com\/climatepolicy","https:\/\/www.linkedin.com\/company\/climate-policy-initiative\/?lipi=urn:li:page:d_flagship3_search_srp_all;GvyQ8DliSYaW9eZhdq8RBQ==","https:\/\/www.youtube.com\/channel\/UCE8V0iDgBU8mreZdBegVCcA","https:\/\/en.wikipedia.org\/wiki\/Climate_Policy_Initiative"]}]}},"_links":{"self":[{"href":"https:\/\/www.climatepolicyinitiative.org\/id\/wp-json\/wp\/v2\/cpi_publications\/44912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.climatepolicyinitiative.org\/id\/wp-json\/wp\/v2\/cpi_publications"}],"about":[{"href":"https:\/\/www.climatepolicyinitiative.org\/id\/wp-json\/wp\/v2\/types\/cpi_publications"}],"author":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/id\/wp-json\/wp\/v2\/users\/132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/id\/wp-json\/wp\/v2\/media\/44913"}],"wp:attachment":[{"href":"https:\/\/www.climatepolicyinitiative.org\/id\/wp-json\/wp\/v2\/media?parent=44912"}],"wp:term":[{"taxonomy":"programs","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/id\/wp-json\/wp\/v2\/programs?post=44912"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/id\/wp-json\/wp\/v2\/regions?post=44912"},{"taxonomy":"topics","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/id\/wp-json\/wp\/v2\/topics?post=44912"},{"taxonomy":"collaborations","embeddable":true,"href":"https:\/\/www.climatepolicyinitiative.org\/id\/wp-json\/wp\/v2\/collaborations?post=44912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}