Global S&T Development Trend Analysis Platform of Resources and Environment
Diving into 2020: Climate Finance in Indonesia | |
admin | |
2020-02-07 | |
发布年 | 2020 |
语种 | 英语 |
国家 | 美国 |
领域 | 气候变化 |
正文(英文) | 2020 started with a rude awakening in Indonesia as the capital city became flooded after a single night of the most intense rainfall to occur since 1866. As the impact of the climate crisis becomes increasingly and directly felt by ordinary citizens, awareness is also increasing, together with a demand for action. In 2020, will investments for addressing climate change increase? Will we see a significant shift away from coal investments that contribute to emissions, and how might government deal with the transition? Climate Policy Initiative in Indonesia is working closely with government, investors, and development finance institutions to support Indonesia’s green goals. Here is a reflection of the progress we’ve made in 2019 and a preview of what is in stock for 2020. Developing a guarantee instrument to catalyze renewable energy investments in IndonesiaA guarantee mechanism is one of the many potential de-risking instruments to help accelerate renewable energy development in Indonesia. CPI’s Indonesia office recently published a report in collaboration with PT Sarana Multi Infrastruktur (Persero) — a state-owned enterprise focused on infrastructure funding — that specifically focuses on the potential of developing a guarantee instrument to help catalyze renewable energy investments in Indonesia. This study is part of a larger research program that explores the potential of developing a green investment bank model in Indonesia.
Ongoing Study: The State of Private Climate Finance in IndonesiaIn a workshop hosted by Otoritas Jasa Keuangan, CPI analysts presented their preliminary findings from an ongoing study on the state of private climate finance in Indonesia. Preliminary analysis found that majority of private climate finance in Indonesia (2015-2018) comes from commercial financial institutions in the form of debt financing. Half of these investments went into renewable energy, with a smaller percentage going into sustainable transport and energy efficiency.
From Digging to Planting: A Sustainable Economic Transition for Berau, East KalimantanIndonesia’s economy has seen rapid growth in recent decades, largely driven by natural resource extraction and land-based commodity production. In Berau, East Kalimantan, the mining sector regularly contributes more than 60% to Berau’s Gross Regional Domestic Product (GRDP) and coal royalties contribute about a quarter of the district government’s overall revenue. It is now being replaced gradually by palm oil, but will this trend last? This CPI study examines whether palm oil’s potential as an economic driver will bear out the region’s goals in transitioning away from coal, using Berau as an example case. We recommend a more diversified approach to the transition. > Read the report
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URL | 查看原文 |
来源平台 | Climate Policy Initiative |
文献类型 | 新闻 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/271252 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | admin. Diving into 2020: Climate Finance in Indonesia. 2020. |
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