Indonesia's COVID-19 Vaccination and Economic Resilience Strategy slide image

Indonesia's COVID-19 Vaccination and Economic Resilience Strategy

State Expenditure for Climate Change IDR Trilion 140.00 120.00 100.00 80.00 2.8% 60.00 40.00 4.2% 5.7% 3.6% 2.0% 6.0% 5.0% 4.0% 3.8% 3.0% 2.0% 1.0% 20.00 52.42 85.01 126.04 83.54 50.99 104.85 0.00 0.0% 2016 2017 2018 2019 2020 2021 Percentage Climate Expenditure (LHS) Climate Expenditure on State Budget (RHS) ⚫Nominally, the climate change budget in Indonesia experienced an increasing trend from 2016-2018. • • For the year 2019 to 2020, there was a decline as a result of the shifting energy policy to diversify renewable energy infrastructure development by private sectors or through PPP. In 2020, due to Covid-19 pandemic, GOI implement the budget reallocation and activity refocusing policy into health sector and social safety net. Along with the economic recovery, the climate change budget bounce back in 2021 with a total budget ceiling of IDR 110.65 trillion and already spent IDR 104,85 trillion (disbursement rate 94,8%. • During the last 6 years, the average climate change expenditure has reached IDR 83.8 T per year or 3.7% of the state expenditure per year. Source: Ministry of Finance, calculated 161
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