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RE Investment Series – Indonesia: Policy Brief

Tuesday, 26 May 2020

Category

Report

Author

Roman Vakulchuk, Hoy-Yen Chan, Muhammad Rizki Kresnawan, Monika Merdekawati, Indra Overland, Haakon Fossum Sagbakken, Beni Suryadi, Nuki Agya Utama, Zulfikar Yurnaidi

Key Points

Action plan to attract investment in renewable energy in Indonesia

  • Remove subsidies for fossil fuels
  • Establish a ministry of renewable energy
  • Prioritise renewables in the regulatory framework
  • Improve and streamline grid management
  • Mobilise domestic banks to support renewable energy
  • Prioritise market entry for investors

This policy brief is supported by the ASEAN Climate Change and Energy Project (ACCEPT), funded by the Norwegian Government under the Norwegian-ASEAN Regional Integration Programme (NARIP) and is jointly implemented by the ASEAN Centre for Energy (ACE) and the Norwegian Institute of International Affairs (NUPI). The project includes the active involvement of key ASEAN stakeholders, and helps enhance modelling, analytical and regional policy planning capacities within ASEAN.

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