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, and
- 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
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.
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.
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Latest work
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.
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.
Blog
Climate Finance in Indonesia: A landmark 2022 lays solid foundation for action in 2023
As Indonesia took up the mantle of G20 presidency, 2022 was a particularly momentous year filled with opportunities to examine the country’s climate finance landscape, improve the underpinning regulatory framework, and foster greater global cooperation on ensuring just energy transitions. Here is a reflection of progresses we have achieved in both sustainable finance and energy transition areas last year and a preview of what is underway for 2023.
Publication
Are Indonesian Banks Ready to Account Climate-related Matters?
Based on a focus group survey involving Indonesia’s major commercial banks, Climate Policy Initiative has analyzed the country’s financial sector readiness and progress in assessing, reporting, and disclosing climate-related matters against national guidelines and international best practices.
Publication
Indonesia Blue Finance Landscape
CPI’s latest study captures the landscape of blue finance in Indonesia and further examines the extent of available financing access for MSMEs.
