PROJECT OBJECTIVE

The development objective of Geothermal Energy Upstream Development Project for Indonesia is to facilitate investment in geothermal power generation and reduce greenhouse gas emissions. This project has two components. 1) The first component, Risk Mitigation for Geothermal Exploration Drilling, will finance a program of activities designed to support geothermal exploration drilling in Indonesia, through: (a) drilling of exploration and confirmation wells; (b) constructing access roads and other associated infrastructure to facilitate the drilling activities, at select geothermal sites; and (c) implementation of measures set forth in the Safeguards Instruments. 2) The second component, Capacity Building on Geothermal Exploration and Environmental and Social Safeguards Management, will finance a program of capacity building designed to establish an efficient and effective geothermal energy exploration and tendering program.