Financing Archives

Just Transition Dialogue: Definition and Scope of Just Transition in the Indonesian Context

11 July 202455Views 0Likes 0Comments

Background Currently, the Indonesian government is drafting the National Medium-Term Development Plan (RPJMN), which is a derivative of the National Long-Term Development Plan (RPJPN) 2025-2045. The document will also be adjusted to the vision and mission of the elected president and vice president for the period 2024-2029. In the latest draft, Indonesia's energy transition policy…

Identify Funding Needs for the Just Transition

Event Coverage2 May 202439Views 0Likes 0Comments

Jakarta, 30 April 2024 - The energy transition process is entering a new phase with the Just Energy Transition Partnership (JETP) funding which was agreed in 2022. The availability of affordable funding is a real challenge for the energy transition process. In the latest study, Identifying Finance Needs for a Just Transformation of Indonesia's Power…

Launch of Report on Identifying Financing Needs for an Equitable Transformation of Indonesia’s Electricity Sector

26 April 202433Views 0Likes 0Comments

Background As one of the largest coal consuming and producing countries, Indonesia is ranked 6th as a global greenhouse gas emitter with a share of 3.11% of total global emissions (Climatewatch, 2024). In 2020 alone, the energy sector became the largest contributor to emissions, following the forestry and land sectors that have almost always dominated…

Small and Medium Enterprises (SME) Emissions are not Small

Event Coverage15 March 202424Views 0Likes 0Comments

Jakarta, 14 March 2024 - The industrial sector has become the backbone of the Indonesian economy. Not only large industries, Small and Medium Enterprises (SMEs) are also the driving force of the national economy, including creating employment opportunities and contributing 60.5% to GDP. However, this economic contribution figure is also accompanied by large, haunting emissions.…

Reviewing Indonesia’s Renewable Energy Investment Needs

Blog12 March 202442Views 0Likes 0Comments

Jakarta, March 8th, 2024 - Indonesia's energy transition commitment officially began three years ago when the State Electricity Company (PLN) issued the 2021-2030 Electricity Supply Business Plan (RUPTL) which targets increasing renewable energy capacity as one of the prerequisites for achieving net zero Indonesia's emissions in 2060, specifically the electricity sector in 2050. During the…

Webinar on the Decarbonization Opportunities of Small-to-Medium Enterprises (SMEs) in Indonesia and Lesson Learnt from Global Experience

4 March 202427Views 0Likes 0Comments

Replay Event Background Indonesia is one of the largest economies in the world and continues to experience growth. Amongst other economic activities, the industrial sector as the backbone of the economy will also be expected to grow to support the realization of Indonesia Emas in 2045. Along with the growth, the expected growth of…

IETO 2024: Reviewing Progress in the Energy Transition in Indonesia

Event Coverage20 December 202329Views 0Likes 0Comments

Jakarta, 15 December 2023 - In the last three years, there has been a number of advances in the energy transition in Indonesia. Since 2020, the Indonesian government has begun to include the energy transition agenda in the government's agenda. At the launch of the annual flagship report Indonesia Energy Transition Outlook 2024, Fabby Tumiwa,…

The Modal Share of Indonesia’s Transportation Requires Strong Push from the Government

Event Coverage6 December 202360Views 0Likes 0Comments

Jakarta, 5 December 2023 - Since 2021 the transportation sector in Indonesia has been ranked as the second highest emitter, displacing industry. Many emissions from the transportation sector are caused by burning fuel, which is the main energy source for vehicles. With projected economic growth and development plans, it is predicted that emissions from the…

Media Indonesia | There’s No Free Lunch in Energy Transition

Media Coverage22 November 202320Views 0Likes 1Comment

When contacted separately, the Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, cautioned about the significant loan interest from debt schemes offered by the US in energy transition financing. He mentioned that part of the funding will be disbursed in the form of loans, while another part will come from grants. Read…

The ‘Just’ Principle in Financing Just Transition in Indonesia

Blog17 November 202326Views 0Likes 0Comments

Johor Bahru, Malaysia, 16 November 2023 – Leading up to COP28 in the United Arab Emirates, there is a growing focus on climate financing efforts. Climate financing has become a critical focus to support a fair transition towards a sustainable, low-carbon economy. The transformation towards a low-carbon economy and financing for a just transition requires…

Message to Global Leaders for COP 28

Blog8 November 202322Views 0Likes 0Comments

Jakarta, 3 November 2023 - The Conference of the Parties (COP 28) will soon be held in Dubai, United Arab Emirates. One of the agendas for this annual meeting is to see the progress of global actions to deal with the climate crisis. In a public discussion held by the Foreign Policy Community Indonesia (FPCI)…

We Don’t Have a Choice, We Have to Achieve Carbon Neutrality

Event Coverage27 October 202321Views 0Likes 0Comments

Jakarta, 25 October 2023 - Industry is the main driver for economic growth and the largest sector to stimulate technology advancement. Industrial-scale economic activity has already transformed the global economy since its peak. Unfortunately, the tremendous economic growth must be paid for by the high greenhouse gas emissions transmitted. For a while, people are trying…