The Green Transformation in Indonesia

Ulrich Volz, Judith Böhnke, Vanessa Eidt, Laura Knierim, Katharina Richert and Greta-Maria Roeber
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Judith Böhnke: KfW Development Bank
Vanessa Eidt: KfW Development Bank
Laura Knierim: KfW Development Bank
Katharina Richert: University of Heidelberg
Greta-Maria Roeber: GIZ German Technical Cooperation

Chapter 3 in Financing the Green Transformation, 2015, pp 22-55 from Palgrave Macmillan

Abstract: Abstract The Indonesian economy has recorded solid growth over the last decade, with an average annual growth rate of gross domestic product (GDP) of 5.4% for the period 2000–2013. Yet growth has followed a very carbon-intensive path. This chapter discusses the need for a green transformation of the Indonesian economy to put it on a sustainable pathway and investigates which of the challenges discussed in the previous chapter apply in the Indonesian context. After briefly reviewing why a green transformation is needed, it outlines Indonesia’s environmental policy goals which pave the way towards a green transformation. Finally, it delineates the necessary action to achieve these goals and discusses the relevance of and potential for green finance in Indonesia.

Keywords: Gross Domestic Product; Emission Reduction; Electricity Price; Industry Sector; Peat Land (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-48612-7_3

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DOI: 10.1057/9781137486127_3

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