About NDA
About NDA

National Designated Authority (NDA) serves as the focal point between a country and the Green Climate Fund (GCF). It plays a key role in ensuring country ownership, the core principle of GCF's business model.

About GCF
About GCF

The Green Climate Fund (GCF) is the world’s largest dedicated fund helping developing countries reduce their greenhouse gas emissions (mitigation) and enhance their ability to respond to climate change (adaptation).

What We Do
What We Do

As of August 2020, the NDA has issued 9 No-Objection Letter (NOL). Four of them has been approved by the GCF, they are: Geothermal Resouce Risk Mitigation (GREM), Climate Investor One (CIO), REDD+ Results-Based Payment, Sub national Climate Fund and one approved Project Preparation Facility for BRT Semarang. Currently, the NDA in collaboration with GGGI is implementing the Readiness and Preparatory Support Program.

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Portfolio Dashboard
GCF Financing
0.5
billion
Co-Financing
1.63
billion
Total Value
2.13
billion
Featured Projects
Geothermal Resource Risk Mitigation (GREM) Project

Geothermal Resource Risk Mitigation (GREM) Project

112.2 million
Tonnes of CO2 avoided
USD 100 million
GCF Funding
USD 410 million
Co-Financing
Energy generation and accessEnergy generation and access

Geothermal Resource Risk Mitigation (GREM) Project

Energy generation and accessEnergy generation and access
About Project
Started
20 October 2018
Accredited Entity
The World Bank

Indonesia has the world’s largest potential for geothermal energy resources, but its development has been limited due to risky and expensive early-stage development costs. These barriers are further exacerbated by the geothermal tariff framework which needs to be competitive to enable private sector investments.

This project aims to help the Government of Indonesia scale up geothermal energy development by introducing a well-designed upstream risk mitigation mechanism and promoting a conducive regulatory environment. By developing geothermal resources, the project is anticipated to avoid 102.2 million tonnes of CO2 within the span of 10 years, while at the same time fulfilling electrification needs.

Under this project, geothermal developers from both public and private sectors will have access to funds to help mitigate early stage development risks. The geothermal resource risk mitigation facility will provide contingent financing and soft loans for resource confirmation drilling.

Announcement
Call for Project Concept Notes on Potential Climate Change Programs/Projects in Indonesia 2020-2021

The Fiscal Policy Agency (FPA), Ministry of Finance as the National Designated Authority (NDA) of Green Climate Fund (GCF) in Indonesia, supported by Global Green Growth Institute, invites all stakeholders in Indonesia to submit Project Concept Note (PCN) to be funded by the GCF.

Call for Project Concept Notes on Potential Climate Change Programs/Projects in Indonesia 2020-2021
News
Private Sectors Involvement in Climate Change Finance

The Fiscal Policy Agency (FPA) as Indonesia’s National Designated Authority for the Green Climate Fund supported by Global Green Growth Institute (GGGI) held a webinar series to encourage the involvement of private sectors in mobilizing climate change finance in mitigation and adaptation sectors on Thursday (10/12) and Tuesday (15/10).

Private Sectors Involvement in Climate Change Finance
Climate Finance Coordination to Achieve the NDC Target

In order to reconcile the collective climate action to meet the NDC target, on Wednesday (21/10) the NDA GCF Indonesia held an initial meeting to explore the possibility of forming a climate finance focal point coordination forum.

Climate Finance Coordination to Achieve the NDC Target
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