INDO GB Promo

completed

The GB project that was started in FY11 has focused on the regulatory work as it would lay out a strong foundation for creating a GB market in Indonesia as one of the key means to achieve the countrys GHG reduction, create employment and improve the nations economy. In the early Phase (Phase I), the project has assisted both the national government (Ministry of Public Works and Public Housing) and selected local governments (Provincial Government of Jakarta and City Government of Bandung) as pilot cities to develop and issue GB codes that have resulted in a potential reduction of more than 600K metric tons/ year of GHG emissions and energy costs of almost USD 60 million/ year from commercial buildings (as of May 2016). In Phase II, the project will further assist the government and private sector including financial institutions through a programmatic approach of combining mandatory regulation and voluntary certification to ensure a wider adoption of GB in Indonesia.