2022 State Budget: Fiscal Policy and Structural Reform

Climate Governance in Indonesia Ministry of Finance is responsible for climate fiscal policy Ministry of Finance c.q. The Fiscal Policy Agency is also the National Designated Authority of the Green Climate Fund (NDA-GCF) as the core interface between the country and the GCF Climate Change National Focal Point (NFP- UNFCCC) Leading role in Climate Policy Formulation and Coordination •Coordinating climate program implementatir and MRV Coordinating Ministries Coordinating Ministry of Economic Affairs Coordinating Ministry of Maritime and Investment Ministry of Environment and Forestry (Focal Point) Ministry of Finance •Climate Finance Policy Formulation & Coordination •Planning & Budgeting for Climate Programs ⚫Climate Budget Tagging •Mobilizing other financing source for climate actions Central Bank and Financial Sector Authority Also coordinating with Central Bank (BI) and FSA (OJK) to promote green and resilience development through fiscal, monetary, and financial policy mix Source: Ministry of Finance National development plan related to Climate Programs •Planning & Budgeting for Climate Programs Climate Budget Tagging Ministry of National Development Planning Technical Line Ministries & Agencies Implementing role in climate programs and climate budget ⚫ Implementing role in climate policy and targets 104

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