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The energy component of the project aims to enhance capacities of micro, small, and medium enterprises (MSMEs) in integrating energy management solutions for energy reduction as guided by the Climate Smart Industry Roadmap that will be developed with the Department of Trade and Industry. The project will also support key actors in the transport sector for emission reductions.
The Trans Borneo power grid project will enable Sarawak (Malaysia) to export additional electricity to West Kalimantan (Indonesia) thereby generating additional income for SEB. It will also help to diversify West Kalimantan’s energy generation portfolio by retiring inefficient oil-based power plants, while reducing CO2 emissions in the Borneo Island.
This grant, totaling $1 million, will aid the World Bank Group's Partnership Fund for the Sustainable Development Goals in its fourth call for proposals. The objective is to expedite low-carbon development by targeting the most emissions-intensive sectors in China, Africa, and Southeast Asia, including energy, manufacturing, transport, agriculture, land
The UN's Energy Transition Partnership brings together funders, philanthropies, and governments in Southeast Asia to accelerate a transition to greener economies. The IKEA Foundation is supporting this work in Indonesia due to the nation's significant reliance on fossil fuels. The grant provided amounts to Euro 1.82 million.
The IKEA Foundation has granted $12 million to the ClimateWorks Foundation to bolster Indonesia's efforts in achieving ambitious, transparent, and measurable policy advan cements in key energy-consuming sectors, such as transportation, buildings, appliances, and heavy industries. This funding aims to facilitate the transition to a net-zero emissions economy and establish a sustainable, climate-oriented organizational presence within Indonesia, led and governed by Indonesians.
The Urban Climate Change Resilience Trust Fund is a $150 million multi-donor trust fund (2013-2021) administered by ADB under the Urban Financing Partnership Facility. It aims to support fast-growing cities in Asia to reduce the risks poor and vulnerable people face from floods, storms or droughts, by helping to better plan and design infrastructure to invest against these impacts. The eligible countries to receive support from the fund are Bangladesh, India, Indonesia, Myanmar, Nepal, Pakistan, the Philippines, and Viet Nam.
The REP will support a pipeline of sub-projects across various RE segments of the market with primary focus on solar and mini-hydro with an aggregate capacity of up to 200 MW. Implementation of these sub-projects will help attract private sector investments to climate-smart projects in Indonesia by demonstrating commercial viability of nascent and heretofore challenging segments, while facilitating market access to commercial financing.