Indonesia
CPI’s work in Indonesia supports both the climate and sustainable development objectives set by the Government of Indonesia.
As Indonesia’s climate commitments expand, most recently under its enhanced NDC published in September 2022, CPI Indonesia’s work is evolving and expanding to reflect these important changes. These include up-to-date landscape assessments and practical recommendations on the country’s climate change policies as well as its climate finance needs.
Through our climate finance tracking, policy analyses, and advisories, we help government stakeholders, businesses, and financial institutions in the country accelerate the transition towards net zero and climate-resilient economies.
Leveraging the power of CPI’s global perspective and experience, combined with our local expertise, our work in Indonesia:
- helps ensure the traceability of Indonesia’s public and private climate finance,
- develops innovative financing instruments and policy frameworks to accelerate private investment, and
- provides technical assistance for emerging, highly critical areas such as the Energy Transition Mechanism and Just Transition.
Our Indonesia team’s expertise includes:
- climate finance effectiveness and innovation
- energy efficiency
- renewable energy
- green taxonomy
- just transition
- land use issues
We work closely with strategic government partners, including the Ministry of Finance, Ministry of Energy and Mineral Resources, JETP Secretariat, Ministry of Environment, Ministry of Forestry, Indonesia Financial Services Authority, and PT Sarana Multi Infrastruktur
CPI’s Indonesia program is led by Tiza Mafira.
Featured work
Data Visualization
Viet Nam Power Sector Finance Dashboard (2017-2022)
The Dashboard showcases recent trend analysis of investments in Viet Nam’s renewable energy vs fossil fuel power plants.
Data Visualization
Indonesia Power Sector Finance Dashboard (2019-2023)
The Indonesia Power Sector Finance Dashboard showcases recent trend analysis of investments in the country’s renewable energy vs fossil fuel power plants. It also includes a deep dive into investments that flow through state-owned electricity firm PLN to show how those investments particularly impac...
Publication
Investment Needs Of Indonesia’s Just Energy Transition: A Framework
Built on the four pillars of a just energy transition — recognitional justice, restorative justice, distributive justice, and procedural justice — the framework is specifically tailored to Indonesia’s socio-economic realities and addresses both the risks of early coal retirement and broader socioeco...
Connect
Partners
Latest work
Data Visualization
Viet Nam Power Sector Finance Dashboard (2017-2022)
The Dashboard showcases recent trend analysis of investments in Viet Nam’s renewable energy vs fossil fuel power plants.
Data Visualization
Indonesia Power Sector Finance Dashboard (2019-2023)
The Indonesia Power Sector Finance Dashboard showcases recent trend analysis of investments in the country’s renewable energy vs fossil fuel power plants. It also includes a deep dive into investments that flow through state-owned electricity firm PLN to show how those investments particularly impac...
Publication
Investment Needs Of Indonesia’s Just Energy Transition: A Framework
Built on the four pillars of a just energy transition — recognitional justice, restorative justice, distributive justice, and procedural justice — the framework is specifically tailored to Indonesia’s socio-economic realities and addresses both the risks of early coal retirement and broader socioeco...
Publication
Who Pays What for Indonesia’s Green Transition?
This book seeks to raise awareness and encourage broader and deeper dialogue on how the global climate agenda can be adopted more sensibly in the context of Indonesia’s energy transition. The goal is to help policymakers and the public approach energy transition with both realism and strategy, shapi...
Blog
Financing the fast wins: Indonesia’s opportunity to lead on methane through its Sustainable Finance Taxonomy
Methane is one of the fastest, most cost-effective levers for climate action—and Indonesia is uniquely positioned to lead. This analysis explores how the country’s upcoming Sustainable Finance Taxonomy update can embed clear criteria for methane abatement, unlocking capital for high-impact solutions...
Publication
Enabling Conditions for Scaling Up Solid Waste Management Financing: Case Studies in Indonesia and Brazil
In a study commissioned by GAIA, CPI assessed various business models of solid waste management in Indonesia and Brazil, with recommendation of enabling conditions to scale up their financing.
Publication
Buku: Siapa Bayar Apa Untuk Transisi Hijau?
Buku ini bertujuan menumbuhkan kesadaran dan memantik diskusi lebih luas akan konteks keindonesiaan dari agenda iklim. Harapannya agar pemangku kepentingan dan masayarakat mampu melihat relevansi dari agenda iklim, serta realistis dan strategis dalam memformulasikan kebijakan transisi energi untuk m...
Publication
Unlocking transition finance for achieving net-zero emissions in Indonesia
This deep dive into Indonesia’s climate-aligned finance policy nexus explores investment gaps, barriers to sustainable finance, and policy recommendations to streamline financial sector policies to scale up climate-aligned investment and enable alternative financing instruments to support Indonesia’...
Blog
Electrifying the Last Mile: Community-based Renewable Energy for Eastern Indonesia
Our assessment of four case studies of renewable energy projects in Eastern Indonesia suggests that successful implementations, even in the absence of private sector involvement, have one common denominator — a community-driven approach characterized by full ownership and consensus on various financ...
Blog
Empowering Indonesia’s Path to Net Zero: Highlights from 2023
In 2023, momentum continued to build around Indonesia’s transition towards a more sustainable and net zero economy. Here are key highlights from our climate finance tracking, sustainable finance, and just energy transition workstreams to empower Indonesia’s path to net zero, as well as as a pr...
Blog
JETP Resource Mobilization Plan: How Viet Nam can turn ambition into action
As various emerging economies are seeking to leapfrog coal and move to clean energy through Just Energy Transition Partnerships (JETPs), Viet Nam has passed an important first milestone by setting its Resource Mobilization Plan (RMP). CPI has outlined key takeaways from Viet Nam’s JETP and the RMP a...
Blog
Highlights from Indonesia’s JETP Comprehensive Investment and Policy Plan
Indonesia’s JETP launched its Comprehensive Investment and Policy Plan (CIPP) on 21 November 2023. As CPI was heavily involved in the process, supporting both the JETP Secretariat’s overall editorial process and the Finance Working Group’s specific input to the CIPP, we are sharing key highlights fr...
Publication
Climate-Aligned Investments in Indonesia's Financial Sector
Our latest tracking of climate finance within Indonesia’s financial sector breaks down contributions from both public and private financial institutions, as well as opportunities to further scale up climate-aligned investment and mainstream the principle of sustainability into investment flow.
Publication
The Next Phase of Indonesia Green Taxonomy: Transition Finance to Support Decarbonization
Indonesia must make a rapid transition to decarbonization while maintaining economic resilience. We outlined key considerations and steps to adopt transition finance into the next iteration of Indonesia green taxonomy.
Publication
The Net Zero Alignment of Indonesia’s Power Sector Finance
Our latest tracking of Indonesia power sector finance examines renewable energy capacity and financing gaps, as well as opportunities to better align the country’s power sector finance with its NZE 2060 commitment.
