Indonesia
In Indonesia, CPI focuses on supporting the climate goals and development objectives set by the Government of Indonesia, while at the same time maintaining strong economic growth and alleviating poverty. The team expertise lies in climate finance effectiveness and innovation, covering both energy and land use issues.
CPI works closely with the Ministry of Finance, PT Sarana Multi Infrastruktur, Ministry of Environment and Forestry, and the Ministry of Energy and Mineral Resources to support innovative financing instruments, and scaling up finance for renewable energy and energy efficiency.
CPI’s Indonesia program is led by Tiza Mafira.
Featured work
Publication
Indeks Desa Membangun Plus (IDM+): Enhancing Direct Incentives for Sustainable Land Use in Indonesian Villages
This paper proposes a two-part approach for a potentially sweeping, but relatively practical reform to encourage villages across Indonesia to adopt sustainable practices.
Blog
Climate Finance in Indonesia: Our top stories from 2020
A new normal after the COVID-19 pandemic requires a green and just economic recovery. Here is our most-read work from 2020 that responds to the challenges, and a preview of what is in stock for 2021.
Blog
If given the chance, Indonesia’s COVID-19 stimulus can build a green, resilient economy
Indonesia has a unique opportunity to learn from past mistakes and build a recovery that improves the country’s chances for economic stability and growth.
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Latest work
Blog
Blog: Can tropical rainforests benefit from surging voluntary carbon markets? The case of Indonesia
Indonesia has listed carbon pricing as one of the key climate finance instruments on its climate policy directions, recognizing the potential value of voluntary carbon markets. This blog proposes how tropical forest-rich countries such as Indonesia can respond positively to the upsurge of voluntary carbon markets.
Publication
Accelerating renewable energy finance in Indonesia: The potential of municipal green bonds
Despite their potential, Indonesia’s capital market is yet to see the issuance of municipal green bonds due to multiple challenges. This study explores the use of municipal bonds to support Indonesia’s energy transition targets and analyze the overall feasibility of implementing such bonds.
Publication
Leveraging fiscal stimulus to improve energy transition: Case of South Korea and Indonesia
This study, produced in collaboration with the Seoul National University, aims to analyze the COVID-19 recovery policies in South Korea and Indonesia, particularly the role of fiscal stimulus in their energy transition goals.
Blog
Climate finance tracking: From data to ambition to action
The EU REDD Facility, Climate Policy Initiative, and the United Nations Development Programme gathered experts from governments, donor agencies, and organizations tracking climate finance to take stock of progress, in an online workshop.
Publication
Response to COVID-19: Energy Conservation and Efficiency Survey
This study, produced in collaboration with the Indonesia Energy Efficiency Society (MASKEEI), aims to measure and understand how COVID-19 has impacted the business of facility owners and energy efficiency service stakeholders through a targeted survey.
Publication
Improving the impact of fiscal stimulus in Asia: An analysis of green recovery investments and opportunities
India, Indonesia, the Philippines, Singapore, and South Korea have together announced a total of USD 884 billion in COVID-19 recovery stimulus packages. This study maps the ‘greenness’ of these fiscal stimulus measures and their contribution towards country-level climate objectives.
