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, the Coordinating Ministry of Maritime Affairs and Investment, Ministry of Environment and Forestry, Indonesia Financial Services Authority, and PT Sarana Multi Infrastruktur.
CPI’s Indonesia program is led by Tiza Mafira.
Featured work
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 financing and management aspects.
Publication
Financing Green Buildings in Indonesian Cities
This report is the third of a three-part series by CCFLA to promote a better understanding of the financing barriers and solutions for implementing net zero carbon buildings. It assesses the current use of financial instruments that can promote the development of Indonesia’s green buildings sector. It also explores how national and subnational regulatory frameworks can address the identified barriers to private and public investment.
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 and identified some immediate actions to help them succeed.
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Latest work
Data Visualization
Indonesia Power Sector Finance Dashboard
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 impact Indonesia’s energy market and energy transition journey.
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 preview of what is in stock for 2024.
Publication
Inclusive Climate Finance: Improving Access for Marginalized Populations in Indonesia
This report, developed in partnership with Hivos Indonesia, aims to assess the current climate finance landscape in Indonesia and explore possible ways in which climate finance can be mobilized to target the marginalized populations.
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 identifies opportunities to further scale up climate-aligned invetsment and mainstream the principle of sustainability into investment flow.
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 from the document.
Blog
Indonesia's JETP is a glass half full
In this piece, CPI Indonesia Director Tiza Mafira shares her insights on the national convergence as well as coordinated global responses required for Indonesia’s JETP to succeed.