Energy Efficiency Finance in Indonesia

Energy Efficiency Finance in Indonesia

Current State, Barriers and Potential Next Steps

From the Executive Summary:

“Why is Energy Efficiency Finance important for Indonesia’s built environment?

Indonesia’s built environment has a crucial role to play in meeting the nation’s energy demands and emission reduction commitment. Indonesian cities are growing at a fast rate and will house 68% of Indonesia’s population by 2025.1 The potential for reducing Indonesian buildings’ emissions by improving their energy is significant, and Indonesia has the second largest market for energy efficiency implementation in the ASEAN region2. Overall, between 10 to 30% of energy could be saved in the industry, transport, household and commercial sector.3 Further, there are good reasons for government to support EE financially, because it (a) reduces pressure on energy systems; (b) builds energy productivity and economic competitiveness and(c) reducesgreenhousegasemissions.

On the 6th of October 2015, the Indonesian Australian Commercial Building Collaboration held a workshop in Jakarta with key stakeholders from the Indonesian built environment (see participants list in Appendix III) to identify barriers to energy efficiency improvement in the commercial building sector, and identify projects to overcome these. Workshop participants designed 6 projects, including a project to map barriers to energy efficiency finance in Indonesia’s buildings sector, and identify potential solutions to overcome these barriers and accelerate energy efficiency finance – this discussion paper aims to progress this project idea.”

Publisher: APEC Energy Working Group August 2017

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2018-03-22T17:03:20+00:00 Categories: Resources, White Papers|