August 7, 2024

Monitoring the allocation and disbursement of financing pledged by the International Partners Group (IPG) is one of key tasks of the Secretariat. This includes monitoring the allocation of the US$ 284.4* million of grant financing as identified in the Comprehensive Investment and Policy Plan (CIPP 2023). As the Indonesian enters its implementation phase, monitoring of IPG-funded grants/technical assistance** programs are increasingly crucial as initiatives have either progressed significantly, recently kicked-off or are in advanced discussions.

Most identified grants are already earmarked for specific purposes, and have since launched or are already ongoing in the first half of 2024. A total of approximately US$ 281.6* million has been identified as grants/TA across ~40 programs managed across 5 financial institutions and implemented by 8 different executing agencies. 

The Secretariat has identified 19 programs with ongoing activities with a value of US$ 144.6 million managed/implemented by the World Bank, United Nations Office for Project Services Energy Transition Partnership (UNOPS ETP), Organisation for Economic Co-operation and Development (OECD), International Energy Agency (IEA), Agence Française de Développement (AFD), Asian Development Bank (ADB), Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ) and Millennium Challenge Corporation (MCC). Some of these are existing development cooperation programs in the energy sector that have been launched or announced prior to but have now been acknowledged as part of the Partnership. 

There have been 13 programs recently signed/launched in the past half year 2024, with a total value of US$ 59.7 million. These programs are managed/implemented by the EU-Indonesia Cooperation Facility (EUICF), GIZ, KfW Development Bank (KfW), Global Green Growth Institute (GGGI), ADB and United States Trade and Development Agency (USTDA). 

Meanwhile, 6 programs remain in discussions to finalise the program scope of work, totalling US$ 77.3 million. Said programs are managed/implemented by Danida Sustainable Infrastructure Finance (DSIF), KfW, ADB and others still to be decided. 

A complete list of grants/TAs can be seen below, along with a separate, individual fact sheet for each program. 

Canada

• Women-Led Coal Transition Mechanism (WOLCOT) – CAD 4.7 million
• Energy Sector Management Assistance Program (ESMAP) – CAD 2.0 million
• South East Asia Energy Transition Partnership ETP – CAD 2.0 million
• Clean Energy Finance and Investment Mobilisation (CEFIM) Program  – CAD 1.0 million
• Clean Energy Transition Program (CETP) – CAD 1.0 million

European Union

• Support for Infrastructure Investments in Indonesia (S4I) for the Establishment of Indonesia’s Development Bank Project – EUR 17.0 million
• EU – Indonesia Cooperation Facility – EUR 2.5 million
• SDG Indonesia One – EUR 5.0 million

Germany

• Energy Transition Mechanism Partnership Trust Fund (ETMPTF)- EUR 30.0 million
• Sustainable Energy Transition in Indonesia (SETI) – EUR 15.0 million
• Energy Transition Acceleration Program (ETAP) – EUR 6.5 million
• Innovation Regions for A Just Energy Transition (IKI JET) – EUR 5.3 million
• Performing Energy Transition through Fiscal Reform in Indonesia (PERFORM) – EUR 5.0 million
• Asia Low Carbon Building Transition – EUR 3.8 million
• Clean, Affordable and Secure Energy for Southeast Asia – EUR 2.5 million
• 1000 Islands – Renewable Energy for Electrification Program Phase II (REEP2) – EUR 2.0 million
• Renewable Energy Mini-Grids Triangular Cooperation (ENTRI) Project – EUR 2.0 million
• Facilitating Financing for Indonesia’s Just Energy Transition Partnership – EUR 2.0 million
• Strategic Exploration of Economic Mitigation Potentials through Renewables (ExploRE) Project – EUR 1.5 million
• Candi Umbul Geothermal Project – EUR 0.98 million
• Accompanying Measure: Sustainable Hydropower Program II – EUR 0.7 million
• Green Bond Development Facility / BMZ  – EUR 10.8 million
• Green Jobs for Social Inclusion and Sustainable Transformation (GESIT) – additional budget for GESIT / BMZ – EUR 3.5 million
• Green Energy – continuation of REEP 2 / BMZ – EUR 3.0 million

United States of America

• Grant for Blended Finance Delivery Mechanism Activity / MCC – USD 45.0 million
• Technical Assistance for Blended Finance Delivery Mechanism Activity – USD 10.0 million
• Feasibility Study On The Development Of New RE Infrastructure Run By PLN In Five Outermost, Frontier And Disadvantaged Areas In Eastern Indonesia – USD 1.0 million
• Feasibility Study to Advance the Decarbonization of Jakarta’s MRT System through Renewable Energy – USD 709,630
• Feasibility Study For The Development Of Onshore Wind Farm – USD 1,046,434

Indonesia Energy Transition Mechanism

• PT SMI Early Retirement Program – USD 1.0 million
• Coal-Fired Power Plant Site Repurposing – USD 5.0 million
• Just Transition in Coal Regions – USD 5.0 million

Programs undergoing discussions:

European Union

• Indonesia Policy Dialogue Fund (IPDF) – EUR 2-3 million

Germany

• BMZ (thru GIZ or other) – EUR 30.0 million
• IKI/additional funding – EUR 30.0 million

Denmark

• Feasibility Study – Pertaining to the Preparation of a Specific Agricultural Biomass Project on Lombok – DKK  6.3 million 
• Sulawesi Grid Study – DKK 7.0 million

Indonesia Energy Transition Mechanism

• Promoting Research and Innovation through Modern and Efficient Science and Technology Parks Project (PRIME STeP) Additional Financing – USD 8.0 million

End Note: 

* Differences in dollar amount is due to foreign exchange (FX) rates (CIPP uses June 2023 rates, whereas the amount stated in this document uses a variety of FX depending on the signing or approval of the grants)

**Grants are defined in the CIPP (2023) as gifted funds that do not require repayment. Technical assistance (TA) is a mode of MDB or DFI support that facilitates the preparation, financing, and execution of development projects. TA can be non-reimbursable (grants), reimbursable (loans), or contingent recovery (e.g., reimbursable if the project is financed by another lending institution).