Indonesia Energy Sector Development Policy Loan Project Dates: January 2016 - December 2019
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PROJECT OBJECTIVE

Support sustainable financing for infrastructure development and the energy transition in Indonesia

PROJECT DESCRIPTION

This program document presents a DPL to support the Government of the Republic of Indonesia’s priorities for developing a sustainable and inclusive energy sector that will further the country’s medium-term economic development and poverty reduction goals. The operation, in the amount of US$ 500 million, is the first in a planned programmatic series of two single-tranche operations supporting critical policy and institutional reforms that have four key development objectives: (a) reducing the fiscal cost of electricity provision; (b) improving the investment climate in the energy sector; (c) removing constraints to renewable energy expansion; and (d) expanding access to modern, reliable energy. The DPL series forms an integral part of the World Bank Group’s (WBG) overall energy strategy in Indonesia, supporting the Government’s sectoral priorities and its Intended Nationally Determined Contribution (INDC) commitments to reduce greenhouse gas (GHG) emissions. The DPL series aims to address key policy and institutional bottlenecks in support of the Government’s objectives for a more sustainable and inclusive energy sector. The DPL series anchors the Bank’s broader energy strategy in Indonesia which aims to expand opportunities for alternatives to coal-fired power generation as quickly as possible and accelerate universal access to reliable, modern energy.


SECTORS OR AREAS OF WORK
  1. Energy finance

Region/Location

BUDGET

USD 3,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
BUDGET

USD 3,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE