Reform of the international financial architecture

06.04.2023
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A primer

The emerging polycrisis is challenging governments and institutions around the world. Especially countries in the Global South lack the financial capacity to address the current challenges and simultaneously prepare their nations for the impacts of climate change. The existing international financial architecture has so far been unable to provide the necessary financial resources.There are three major reform proposals that address different institutions within the international financial architecture. This primer introduces the proposals presented and provides an overview of the main institutions and actors involved in the process in Germany.

Blogpost | 29 March 2023

The implementation of JETP in Indonesia from the perspective of civil society organisations

Discussion teaser poster

Indonesia's Just Energy Transition Partnership (JETP) is one of the outcomes of the G20 Summit that Indonesia hosted in 2022. The partnership is an agreement between Indonesia and the countries of the International Partners Group (IPG). It aims to mobilise finance for Indonesia to decarbonise and phase out the construction and operation of coal-fired power plants. The Indonesia Research Institute for Decarbonisation (IRID) and Germanwatch hosted a focus group discussion with CSOs including relevant research institutions on 18 January 2023 in Jakarta. The discussion was held to obtain feedback and input from CSOs working on topics related to the JETP.

Blogpost | 29 March 2023

Fossil fuel subsidy reduction and redirection: Is Indonesia ready?

Focus group discussion flyer

Fossil fuel subsidies have long been a subject of discussion for the G20. As one of the G20 countries, Indonesia needs to prepare for the removal and redirection of fossil fuel subsidies without creating long-term negative impacts, especially in socio-economic terms. The Indonesia Research Institute for Decarbonisation (IRID) and Germanwatch confirm the need for G20 countries to reduce and shift fossil fuel subsidies. As this requires the readiness of G20 developing countries, on 19 January 2023, IRID and Germanwatch hosted a group discussion focused on Indonesia.

Blogpost | 29 March 2023

Ensuring continuity of Indonesia’s core themes and interests in the G20

Focus group discussion flyer

In 2022, Indonesia had the opportunity to host the annual G20 Summit, where the energy transition played a major role. The summit produced two key documents on energy, namely the Bali Roadmap and the Bali Compact. Both documents are expected to serve as a reference for G20 countries to achieve a just energy transition, even after Indonesia’s G20 presidency. The Indonesia Research Institute for Decarbonization (IRID) and Germanwatch acknowledge that this is important in order to avoid that dialogues at the G20 Summit start from scratch. For this reason, a focus group discussion took place in Jakarta on 25 January 2023. The discussion was limited to invitees.

Blogpost | 29 March 2023

Financing Loss and Damage: lessons learnt from various initiatives

Focus group discussion flyer

Extreme weather events are increasing in intensity and frequency due to the impacts of climate change. Without appropriate intervention, Loss and Damage will be inevitable, despite efforts at adaptation, mitigation, and even disaster risk management. To understand how Loss and Damage financing will be discussed after the G20 Summit led by India and after COP27, the Indonesia Research Institute for Decarbonisation (IRID) and Germanwatch hosted a focus group discussion on 11 January 2022. The event aimed to gather information on different initiatives on Loss and Damage financing, including access modalities, challenges, and coping strategies.