Timespan: December 2021 – ongoing
Partners: World Bank
Description: Indonesia has been preparing to launch several carbon pricing instruments (CPIs) following its participation in the World Bank’s Partnership for Market Readiness (PMR). Neyen is supporting Indonesia in taking the next step through the preparation of the Implementation Support Plan (ISP), which will be submitted to the World Bank’s Partnership of Market Implementation (PMI), a new multi-donor trust fund launched in 2021 to assist countries in designing, piloting, and implementing pricing instruments aligned with their development priorities. The ISP outlines what the country has done and plans to do to implement these CPIs, including policies, capacity building, technical design, and other cross-cutting activities, such as just transition.