Indonesia has the world's most transformative fiscal transfer for forest conservation. Starting in 2023, Indonesia has launched general-purpose fiscal transfers (DAU/Dana Alokasi Umum) from the national to sub-national governments allocated according to the size of forest cover of provinces, districts and municipalities country wide. In the country’s intergovernmental fiscal relations, [...]

The Center for Climate and Sustainable Finance at the University of Indonesia (CCSF UI) is a research center focused on climate financing and part of the Institute for Sustainable Earth and Resources (ISER) at the Faculty of Mathematics and Natural Sciences. CCSF UI aimed to further expand a more than-decade [...]

How diverse is Indonesia’s response to an early retirement of coal-fired power plants? How diverse is such response when its impact on vulnerable groups is considered? How may subnational governments pay for their assigned responsibilities for energy transition? The Center for Climate and Sustainable Finance (CCSF) of the Institute for [...]

The Sub-National Development Bank (SNDB) continues increasing its contribution to Indonesia's economy and regional development. With 27 SNDBs registered by the OJK, recorded at the beginning of 2022, SNDB's total assets reached 885 trillion rupiahs, with a year-on-year profit of 3.6 trillion rupiahs and core capital of 94 trillion. In [...]

The links between biodiversity change and climate change and how this affects humanity have increasingly become an eminent subject as the recent joint assessment of United Nations intergovernmental panel on climate change (IPCC) and intergovernmental platform on biodiversity and ecosystem services (IPBES) has addressed. Our research is interested in the [...]