Scaling up renewable energy investment in Indonesia is a priority for the country to ensure energy security, reduce reliance on fossil-fuel imports and achieve energy access and affordability, as well as broader economic competitiveness goals. The Organisation for Economic Co-operation and Development (OECD), through its Clean Energy Finance and Investment Mobilisation (CEFIM) Programme, together with the Ministry of Energy and Mineral Resources (MEMR), convened a full-day Focus Group Discussion (FGD) on “Developing Carbon Markets and Renewable Energy Certificates (RECs) in Indonesia: Policy directions for power sector transformation”, on Tuesday, 26th May 2026. The FDG took place in-person in Jakarta, under Chatham House rule. The FGD brought together around 65 participants, including representatives from relevant ministries and agencies, state-owned enterprises, international organisations, think-tanks, academia, private sectors and financial market institutions.
The FGD gathered feedback from participants on the findings and recommendations stemming from the OECD’s ongoing analytical work on carbon markets and renewable energy certificates (RECs) in Indonesia. The FGD promoted knowledge-sharing and strengthened dialogue among key stakeholders.
The FGD was divided into two parts. The morning session of the event was dedicated to discussions on building a credible RECs framework in Indonesia, while the afternoon sessions explored how to refine carbon markets for the power sector’s transformation. The summary of the FGD is available on this webpage for download.
