|Led by: Ricardo Energy and Environment|
|Sector: Low-carbon policy|
This project will work with two Indonesian ministries to support their development of carbon pricing policy. It will support the Co-ordinating Ministry of Maritime and Investment Affairs (CMMIA) on developing, implementing and coordinating carbon pricing policy instruments, and the Ministry of Finance (MoF) on their design of a climate change tax, as well as providing capacity and consensus building on carbon pricing policies to both.
“Our project is important for the Government of Indonesia as it will help the country develop new carbon pricing policies towards achievement of its Nationally Determined Contribution and long term decarbonisation plans. The support will comprise technical assistance and capacity building to help design cost effective policies that encourage investment in the transformation of the energy sector. By facilitating a dialogue across government and with the private sector the project will help build a consensus on how Indonesia and meet its current climate commitments and further increase ambition in the future.”
— Mark Johnson, Technical Director and Indonesia-UK PACT carbon pricing project consortium Team Leader, Ricardo