Clean Energy Finance and Investment Policy Review of Indonesia
Thanks to tremendous renewable energy and energy efficiency potential and a stable,
dynamic economy, Indonesia has become a coveted destination for investors in the clean
energy sector. Clean energy investment, however, remains far below the level needed
to realise Indonesia’s ambitious clean energy and sustainable finance goals. Instead,
investment in fossil fuels continues to dominate.
This first Clean Energy Finance and Investment Policy Review of Indonesia supports
efforts to reverse these trends and achieve a clean energy transition. The report
provides a comprehensive overview of the current policy framework, highlighting progress
and identifying untapped opportunities for strengthening policy interventions that
can help scale up clean energy finance and investment. It also provides a number of
tailored recommendations for the Government of Indonesia and development partners.
The Review was undertaken within the OECD Clean Energy Finance and Investment Mobilisation
(CEFIM) Programme, which supports governments in emerging economies to unlock finance
and investment in clean energy.
Published on June 28, 2021Also available in: Indonesian
Attracting Private Investment for Indonesia’s Green Recovery
To support a green recovery in Indonesia this high-level event discussed recent policy reforms and the need for additional measures to facilitate private investments in clean energy. OECD Secretary-General, Mathias Cormann, and Indonesian Ministers launched OECD's Clean Energy Finance and Investment Policy Review of Indonesia, which highlights actions needed to accelerate the pace of the clean energy transition and identifies opportunities for development partners to support Indonesia’s transition. The panel session looked at the potential for enhanced international collaboration in supporting Indonesia’s green recovery and clean energy transition. This event brought together clean energy finance and investment stakeholders across government, industry, financial institutions, development partners and others.