Indonesia's COVID-19 Vaccination and Economic Resilience Strategy
Funding Gap for Climate Change Management
NDC Unconditional Target
(avoiding emission in 2030 as much as 29% of BAU)
Total Cumulative 2020-2030
Fiscal
Policy
Responses
100%
100%
90%
anx
70%
EU
SUA
40%
30%
20.4
10%
-27%
40%
53%
U
The need of green
investments
Estimate of green investments by
Estimate of green investments by
Government Sector
Private Sector
[365 milyar USD)
(97 milyar USD)
170 mi var 1.5
Gap
[145 milyar..50
(1) The effects of covid are estimated to be apparent until 2023. (2) The need for green investment
refers to the actual amount of green investment per tonne of emissions averted in the past, as well
as the ratio of investment in mitigatied sector vs adaptation in the past. (3) does not take into
account the role of local governments. (4) The cost of non-field works is factored into the
calculations.
CCFF
Optimization of budget utilization
Optimal mobilization of non-Budget climate change
funding sources, domestically and internationally.
Taxation and Excise incentives
•
to stimulate the role of the private sector, for example through efforts
to develop EBT and electric vehicles
Ministries/Agencies Budget for Climate Change
Mitigation and Adaptation
•
CBT in planning and budgeting systems
Transfer to Regions and Village Funds (TKDD)
.
TKDD also encourages the increase of regional governments role in
dealing with climate change :
a. Physical DAK (food, water, health, environment and forestry sectors)
b. Non-Physical DAK (waste management)
c. Regional Incentive Fund (incentive from waste management
performance)
d. Village Funds (use of low-emission alternative energy)
e. Ecology Based Fiscal Transfer (financial assistance for environmental
improvement)
Innovative Financing for Sustainable Development
.
Strengthening green infrastructure financing and deepening the Islamic
financial market through Green Bond/Sukuk Framework dan SDGS
Government Securities Framework
bpdlh
GREEN
CLIMATE
FUND
SDG Indonesia One
PISP
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