Readiness support for strategic climate finance in Indonesia

The proposal seeks USD 998,258 over 18 months to address gaps in Indonesia's climate finance mobilization. Key objectives include establishing a formal coordination mechanism between climate finance focal points, supporting the accreditation of 2-3 new Direct Access Entities (DAEs), and developing a national climate finance strategy to support the Environmental Fund Management Agency (BPDLH). The project, implemented by the Global Green Growth Institute (GGGI), also focuses on improving the quality of project concept notes and increasing private sector engagement.

• Indonesia faces a significant funding gap for climate change mitigation, with an estimated annual need of USD 19 billion (USD 247 billion from 2018-2030) to meet its 29% GHG emissions reduction target by 2030, while the state budget only covers approximately 30% of this need.
• There is currently no formal coordination mechanism between different climate finance focal points in Indonesia, which hinders the development of a coherent strategy for accessing international funds like the GCF, GEF, Adaptation Fund, and CIF.
• Candidate Direct Access Entities (DAEs) in Indonesia lack sufficient fiduciary capacity, accreditation credentials, and the ability to develop high-quality project pipelines and concept notes.
• The proposal aims to support the Environmental Fund Management Agency (BPDLH) by developing a climate finance strategy, designing de-risking instruments to attract private investment, and identifying roles in the domestic carbon market.
• The project intends to expand the number of accredited entities by providing technical support to two nominated DAEs to address GCF comments and assisting two additional new nominated entities with their accreditation applications.
• Private sector engagement is limited by a lack of awareness of investment opportunities and limited access to concessional climate finance, necessitating a new mechanism for dialogue between public and private sectors.
• The program will implement a structured process to improve the project pipeline, including a public call for Project Concept Notes (PCN), regional roadshows, and the development of at least five high-quality PCNs for GCF submission.
• Gender and social inclusion will be mainstreamed through the development of step-by-step guidelines for project developers and technical advisory for the NDA and DAEs.

APA

Green Climate Fund (2019). Readiness support for strategic climate finance in Indonesia. https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-indonesia-gggi-nda-strengthening-country-programming-entity-support-strategic_2.pdf

Chicago

Green Climate Fund. Readiness support for strategic climate finance in Indonesia. 2019. https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-indonesia-gggi-nda-strengthening-country-programming-entity-support-strategic_2.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Readiness support for strategic climate finance in Indonesia |date=13 December 2019 |url=https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-indonesia-gggi-nda-strengthening-country-programming-entity-support-strategic_2.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2019readiness, author = {{Green Climate Fund}}, title = {{Readiness support for strategic climate finance in Indonesia}}, institution = {Green Climate Fund}, year = {2019}, month = dec, url = {https://www.greenclimate.fund/sites/default/files/document/readiness-proposals-indonesia-gggi-nda-strengthening-country-programming-entity-support-strategic_2.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }