Performing Energy Transition through Fiscal Reform in Indonesia (PERFORM)

July 2023 - June 2027

The PERFORM project aims to develop fiscal policy framework for financing the energy transition and climate targets, as well as mobilizing domestic revenues for the development of clean energy and a sustainable green economy in Indonesia.

General Information Financial Information
General Information

DESCRIPTION

The PERFORM project aims to develop fiscal policy framework for financing the energy transition and climate targets, as well as mobilizing domestic revenues for the development of clean energy and a sustainable green economy in Indonesia.

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KEY DELIVERABLES

• Minister of Finance Regulation Number 103 of 2023 concerning the Provision of Fiscal Support through Funding and Financing Frameworks for the Acceleration of Energy Transition in the Electricity Sector.

• Energy subsidy reform.

• Climate Change Fiscal Framework.

• Sustainable Finance.

• Indonesia Carbon Bourse.

• Carbon tax and Carbon pricing mechanism in selected sectors.

• Tax reform.

• Innovative services and digitalization of tax administration
IPG Country / Entity
Germany
Beneficiary
Ministry of Finance
Implementing Partner
Federal Ministry for Economic Cooperation and Development (BMZ)
Specific Focus
Strengthening the MoF to create a fiscal policy framework for financing the energy transition.
Commited Amount (Home Currency)
EUR
5,750,000
Commited Amount (USD)
USD
6,218,625
Financial Information
USD
6,218,625
Description
-
Modality Financing Type Financing Source Financing Intermediary Amount (Home Currency) Amount (USD) Part of JETP Pledge
Modality A Grant / TA IPG - Germany BMZ/GIZ EUR 5,750,000 USD 6,218,625 Yes