Energy finance in Indonesia
Indonesia has 6 active World Bank energy projects, with $1.49 billion committed, the 12th largest of 102 countries. 99.9% of its people had electricity in 2024.
- Committed
- $1.49bn
- Projects
- 6
- Per person
- $5.2
- Electricity access
- 100%
- Without electricity
- 0.3 million
Active projects
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The objective of the Project is to support Indonesia's energy transition and decarbonization goal by: (i) developing the first large-scale pumped storage hydropower to improve power generation peaking and storage capacity of the Java-Bali grid.
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To increase access to sustainable and lower-cost electricity in Maluku and Nusa Tenggara regions, and strengthen the operational capacity of the electric utility
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The project development objectives are to scale up investment in geothermal energy development and support the Borrower in its efforts to reduce greenhouse gas emissions in the country.
- ID-Geothermal Energy Upstream Development$49 million
The PDO is to facilitate investment in geothermal power generation and reduce greenhouse gas emissions.
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The PDO is to facilitate investment in geothermal power generation and reduce greenhouse gas emissions.
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The Project Development Objective is to support the Recipient in endorsing a framework approach to electrify the Indonesian EasternIslands in a sustainable and affordable manner, and in preparing the investments needed to implement the approach in identified Pilot Islands.
Source: World Bank Group, updated 22 Oct 2026.
Who else finances energy in Asia and the Pacific
- World Bank (IBRD and IDA)Loans, credits and grants to governments for generation, transmission, distribution and access. Co-leads Mission 300 with the African Development Bank, which aims to connect 300 million Africans to electricity by 2030.
- IFCEquity and loans for private power producers, utilities and off-grid companies; the World Bank Group’s private-sector arm.
- MIGAPolitical-risk insurance and credit enhancement that make cross-border energy investments bankable.
- SEFAGrants and concessional finance for project preparation, mini-grids, clean cooking and green baseload, managed by the African Development Bank.
- OPEC FundPublic- and private-sector loans and grants in developing countries, with energy among its core sectors.
- IsDBSharia-compliant finance for power, renewables and energy access in its member countries.
- GCFGrants, concessional loans, equity and guarantees for low-emission and climate-resilient projects, through accredited entities.
- CIFConcessional finance, delivered through the multilateral banks, for clean technology, renewables in low-income countries and coal transition.
- EIBThe EU’s lending arm: loans for renewables, grids and efficiency inside and outside Europe.
All lenders · How energy projects are financed · Designing a fund? CEII Fund Advisory