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.
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.
Existing decentralized renewable energy business models fail to address prevailing barriers in the sector, ranging from policy barriers, limited access to finance, and high investment risks, discouraging private investments.
With the dawn of COVID-19, there is an immediate need for policymakers to create an investment environment that nudges capital flow towards decentralized renewable energy.
Indonesia needs to significantly scale up climate finance in the next ten years to achieve its NDCs. CPI’s upcoming study, Uncovering the Landscape of Private Climate Finance in Indonesia, is aimed at developing a first-of-its-kind approach for tracking private climate finance in Indonesia.
Tasked with managing funds related to environmental protection and conservation, Indonesia’s Environmental Fund Management Agency provides a unique financing mechanism to help meet the country’s climate goals.
This CPI study, produced as part of Project LEOPALD or Low Emissions Oil Palm Development examines whether palm oil’s potential as an economic driver will bear out for Indonesia’s goals, using Berau as an example case.
This CPI study, produced in collaboration with PT Sarana Multi Infrastruktur (Persero) explores the potential of developing a green investment bank model in Indonesia.