| Financier | Commitments |
|---|---|
| Partnership for Market Implementation Facility | 5.00 |
Indonesia Implementation Support for Carbon Pricing Instruments
Abstract*
Indonesia - Partnership for Market Implementation (PMI): Country Implementation Support for Carbon Pricing. The project will provide technical assistance to the Government of Indonesia in developing and strengthening the institutional and technical capacity to design, implement and administer its carbon pricing instruments. Focus is on support the development of sectoral roadmaps as well as improving institutional arrangement for effective functioning... Show More
Development Objective
To support the design, implementation and administration of Indonesia’s carbon pricing instruments.
Key Details
Project Details
P177773
Active
Franka Braun , Stephanie Tam
Republic of Indonesia,Indonesian Environment Fund (IEF)
December 22, 2021
(as of board presentation)
November 21, 2023
September 2, 2024
US$ 5.00 million
Coordinating Ministry for Maritime Affairs and Investment (CMMAI),Ministry of Environment and Forestry (MOEF)
2024
US$ 5.00 million
N/A
Moderate
December 31, 2026
Yes
BANK APPROVED
August 22, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 5.00 |
| Total Project Cost** | 5.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Institutional arrangements are designed, regulated, and implemented to ensure the effective functioning of domestic carbon pricing instruments (ETS and carbon crediting mechanism) Value No Yes Date July 1, 2023 June 30, 2026 Comment Share of carbon offset project activities submitted for approval to the GoI that have been authorized and are registered in the official national emissions registry Value 0.00 0.00 10.00 Date July 1, 2023 June 30, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Carbon pricing implementation roadmap in two priority sectors developed and endorsed Value 0.00 0.00 2.00 Date July 1, 2023 June 30, 2026 Comment National Carbon Hub at MoEF and the Carbon Pricing Steering Committee Secretariat at CMMAI established and operational Value No Yes Date July 3, 2023 June 30, 2026 Comment Technical capacity workshops and training events designed and delivered Value 0.00 0.00 12.00 Date July 1, 2023 June 30, 2026 Comment For international carbon credit trading: Enhanced national carbon asset registry implemented, including connection/linking with at least one international registries Value No Yes Date June 30, 2023 June 30, 2026 Comment For national emissions trading program: Technical assessment carried out to inform timely policy decisions on enhanced design and further expansion of the domestic ETS Value No Yes Date July 1, 2023 June 30, 2026 Comment Policy and/or strategy to access international carbon market developed and adopted by MOEF Value No Yes Date July 1, 2023 December 31, 2026 Comment Communication strategy developed and corresponding communication tools implemented Value No Yes Date June 30, 2023 June 30, 2026 Comment Carbon pricing policy dialogues and consultation events convened and facilitated Value 0.00 0.00 6.00 Date June 30, 2023 June 30, 2026 Comment