PROJECT DESCRIPTION
Indonesia’s primary energy supply is heavily reliant on fossil fuels—crude oil (47%), coal (27%), and natural gas (21%)—with renewables contributing less than 5%. Despite this, the country has significant renewable energy potential, including 29 GW of geothermal, 75 GW of hydropower, and 50 GW of bioenergy. To enhance long-term energy security, diversifying the energy mix is essential.
The energy sector accounts for about 512 million tCO2eq, or 32.2% of Indonesia’s total GHG emissions. To address this, the government has set targets under the 2015–2019 National Development Plan, including a 10–16% renewable energy share, 7.5 GW of installed capacity, and a 12.7% energy saving from BAU. It has also committed to reducing GHG emissions by 29% (or up to 41% with international support) by 2030, guided by the RAN-GRK and RAD-GRK action plans, which outline the country’s indicative Nationally Appropriate Mitigation Actions (NAMAs).
The MTRE3 project aims to support Indonesia’s efforts in designing and implementing climate mitigation actions in energy generation and end-use. Over five years, the project will help create an enabling environment for renewable energy and energy efficiency, focusing on RE-based electricity and energy-saving in commercial buildings. It consists of three components: (1) implementation of mitigation actions, (2) market transformation, and (3) development of an MRV system and awareness raising.
ADDITIONAL INFORMATION
For more information https//open.undp.org/projects/00086173