REFF Burn Financial Mechanism
As the Nationally Appropriate Mitigation Actions (NAMAs) of national energy sector,
REFF Burn can be financed through 3 (three) financial mechanisms:
- National budget (own funding) from the central and/or local government budgets, private sector funding, national financial institution, such as : Green Fund by PT Sarana Multi Infrastruktur (SMI), PT Indonesia Green Investment (PT IGI).
- International-supported budget, in form of bilateral and multilateral funds such as :
- Clean Technology Fund (CTF) by Worldbank
- Climate Change Program Loan (CCPL) supported by Worldbank, AFD, JICA
- Indonesia’s Climate Change Trust Funds (ICCTF) coordinated by Bappenas and supported by UNDP and other donors
- Emission Reduction Investment Programme (ERI) develop through bilateral cooperation between KLH and KFW
3. Clean Energy Mechanism for REFF-Burn
- Under Kyoto Protocol such as Clean Development Mechanism (CDM) ;
- Beyond Kyoto Protocol such as Bilateral Offset Mechanism (BOM)
