Indonesia Energy Sector DPL (WB-P154291)

Countries
  • Indonesia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Closed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 1, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
GOVERNMENT OF INDONESIA
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 31, 2019

Disclosed by Bank Apr 27, 2015


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Project Description

This program document presents a DPL to support the Government of the Republic of Indonesia’s priorities for developing a sustainable and inclusive energy sector that will further the country’s medium-term economic development and poverty reduction goals. The operation, in the amount of US$ 500 million, is the first in a planned programmatic series of two single-tranche operations supporting critical policy and institutional reforms that have four key development objectives: (a) reducing the fiscal cost of electricity provision; (b) improving the investment climate in the energy sector; (c) removing constraints to renewable energy expansion; and (d) expanding access to modern, reliable energy. The DPL series forms an integral part of the World Bank Group’s (WBG) overall energy strategy in Indonesia, supporting the Government’s sectoral priorities and its Intended Nationally Determined Contribution (INDC) commitments to reduce greenhouse gas (GHG) emissions. The DPL series aims to address key policy and institutional bottlenecks in support of the Government’s objectives for a more sustainable and inclusive energy sector.

Investment Description
  • World Bank (WB)
Contact Information

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.