First OECD Stakeholder Dialogue on Mobilising Clean Energy Finance and Investment
This first Stakeholder Dialogue in Indonesia focussed on mobilising clean energy finance and investment and marked the formal start of OECD’s new Clean Energy Finance and Investment Mobilisation (CEFIM) Programme in Indonesia.
The event was held at the JIExpo as part of the Indo EBTKE ConEx 2019, Indonesia’s flagship clean energy event. It was attended by close to 120 participants, representing policy makers, businesses, think tanks, financial institutions and development partners. The event was jointly organised by the Coordinating Ministry of Economic Affairs (CMEA), with key contributions from the Ministry of Energy and Mineral Resources (MEMR) and the Ministry of Finance (MoF).
Discussions focused on the implementation of key policy solutions for accelerating clean energy investments in Indonesia – which will also help inform the CEFIM Programme’s activities. The Stakeholder Dialogue covered the following topics:
- Session 1 – Developing Indonesia’s energy efficiency potential
- Session 2 – Unlocking potential for renewable electricity projects
- Session 3 – Role of the financial sector in the clean energy transition
- Session 4 – De-risking and transaction-enabling mechanisms to facilitate financing of clean energy projects
Official launch of the CEFIM Programme
During the event, Mr. Montty Girianna, Deputy Coordinating Minister, CMEA, Mrs. Laksmi Dhewanti, Senior Advisor, Ministry of Environment and Forestry, Mr. Dida Gardera, Deputy Assistant to the Minister on Environmental Conservation, CMEA, H.E. Rasmus Abildgaard Kristensen, Ambassador of Denmark and Rodolfo Lacy, Director for Environment, OECD, officially launched the CEFIM programme in Indonesia.
The CEFIM Programme supports Indonesia’s efforts to scale up domestic and foreign sources of finance for grid-connected renewables and energy efficiency. It represents a multi-year engagement with Indonesia as well as other emerging economies in Asia and Latin America. The Programme builds on wide-ranging OECD experience in helping countries strengthen and align policy frameworks; build robust pipelines of bankable projects; and mobilise institutional investors for clean energy and sustainable infrastructure investments. To achieve the Programme’s objectives, the OECD will join forces with other development partners and provide a key platform to collaborate and align activities on clean energy finance and investment in Indonesia.
- Mr. Dida Gardera, Assistant to the Minister on Environmental Conservation, CMEA; “Government of Indonesia – CEFIM Programme”
- Ms. Cecilia Tam, Team Leader, OECD; “CEFIM Programme”
- Mrs. Devi Laksmi, Head of Sub-directorate, Directorate of Energy Conservation, MEMR; “Energy conservation investment in Indonesia”
- Mr. Surya Darma, Chairman, METI; “Solutions for the development of bankable renewable energy projects”
- Mr. Ahmad Rifqi, Senior Executive Analyst, OJK; “Sustainable Finance – implementation”
- Mr. Herry Indratno, Head of Sub-directorate, DG of Financing and Risk Management, MoF; “Financial instruments and fiscal facilities for renewable energy development” (in Indonesian)