Financing Archives - Page 2 of 3

Kompas | Blended Financing as an ‘Incentive’ for Energy Transition Investments

Media Coverage23 October 202319Views 0Likes 0Comments

Blended financing, which combines multiple sources of funding, such as philanthropy, public, and private funds, is considered crucial in the energy transition. This financing scheme will make energy transition projects economically viable and attract more private investments, eventually turning the projects commercial. Read more on Kompas.

Jakarta Post | Indonesia Seeks Chinese Investment for Energy Transition

Media Coverage23 October 202316Views 0Likes 0Comments

During a bilateral meeting with his Chinese counterpart Xi Jinping in Beijing, President Joko "Jokowi" Widodo asked for support in developing renewable energy in Indonesia. Read more on Jakarta Post.

Tempo | Funding Becomes a Crucial Issue in Energy Transition, IESR Proposes Financing Partnership between Indonesia and China

Media Coverage23 October 202322Views 0Likes 0Comments

Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, mentioned that Indonesia needs approximately US$1 trillion in funding to achieve net zero emissions (NZE) by 2060. According to him, this funding is crucial and serves as the backbone for the energy transition in Indonesia. Read more on Tempo.

Kontan | IESR Emphasizes the Importance of China’s Financial Support for Indonesia’s Energy Transition

Media Coverage23 October 202316Views 0Likes 0Comments

To mark the 10th anniversary of the launch of the Belt and Road Initiative (BRI), China once again hosted the third Belt and Road Forum for International Cooperation in Beijing on October 17-18, 2023. China adopted the theme "High-Quality BRI Cooperation: for Joint Development and Prosperity" for this year's forum. Read more on Kontan.

Warta Ekonomi | IESR Estimates That 5 GW of Coal-Fired Power Plants Will Not Be Able to Recieve Funding from China

Media Coverage29 September 202317Views 0Likes 0Comments

Indonesia needs to anticipate the changing times in the coal industry, which is showing a global declining trend. In a seminar titled "Sunset of Coal-Fired Power Plants and the Coal Industry," Fabby Tumiwa, Executive Director of the Institute for Essential Services Reform (IESR), conveyed that coal is currently experiencing a significant decline. Read more on Warta…

Kata Data | Carbon Credits Could Be an Opportunity to Help Finance Indonesia’s Energy Transition

Media Coverage29 September 202315Views 0Likes 0Comments

Carbon credits could be a solution to finance Indonesia's energy transition. This financing becomes increasingly attractive with the significant growth in the carbon market. Read more on Kata Data.

Indonesia’s Commitment to Energy Transition is Impacting Financing Opportunities

Press Release18 September 202315Views 0Likes 0Comments

Jakarta, September 18, 2023 - An energy transition in the electricity sector that prioritizes equitable principles and is affordable for society requires a combination of strategic factors, long-term commitment, and policies that lead to investment opportunities for the development of renewable energy and technological innovation. This was stated by Deon Arinaldo, Program Manager of Energy…

Defining Just and Ensuring JETP Commitment

Blog4 May 202316Views 0Likes 0Comments

Jakarta, 18 April 2023 - Addressing the climate change issue needs not only commitment but it requires a huge amount of resources. Financing has become one of the biggest challenges for countries like Indonesia which rely on coal plants and need to transform them into renewable-based power generation to cut emissions from the power sector.…

The Launching of “Indonesia Sustainable Finance Outlook 2023”

Event Coverage21 October 202224Views 0Likes 0Comments

Jakarta, October 17, 2022 - Institute for Essential Services Reform (IESR) launched its latest flagship report titled Indonesia Sustainable Finance Outlook (ISFO) 2023 . This report is part of the Indonesia Energy Transition Outlook (IETO) which will be launched in December 2022. ISFO 2023 specifically discusses the development of energy transition financing in Indonesia.…

ASEAN Must Work Together for Energy Transition

Event Coverage10 August 202220Views 0Likes 0Comments

Jakarta, 29 July 2022 - Southeast Asia is a strategic area with the second largest economic growth in Asia after China. Southeast Asia is predicted to continue to develop economically. Energy demand is also predicted to continue to rise. With the condition that fossil energy is still abundant in the Southeast Asian region, joint efforts…

Energy Transition Development in the Southeast Asia Region

Press Release9 August 202224Views 0Likes 0Comments

Jakarta, 1 August 2022 – Achieving the renewable energy mix target of 23% in 2025 in the Southeast Asian region needs strong collaboration among the countries to support the sustainable energy transition and shift the fossil fuel investment into renewable energy. It was confirmed by Fabby Tumiwa, Executive Director Institute for Essential Services Reform (IESR)…

Seize the Energy Transition Funding Opportunity

Press Release9 August 202217Views 0Likes 0Comments

Jakarta, 28 July 2022- Indonesia's energy transition requires significant investment to develop renewable energy generation, clean fuels, power grids, and energy storage. However, Indonesia also has a huge opportunity to attract investment in the renewable energy sector while developing innovative financing instruments One out of three panel sessions at the G20 seminar series that discuss…