Indonesia is actively exploring innovative solutions to enhance the adoption of energy-efficient technologies and expand the energy efficiency market. As part of this effort, the development of Energy Savings Insurance (ESI) has been identified as a critical strategy to build trust and mitigate risks in energy efficiency projects.

To support this initiative, a collaborative program titled “Creating Energy Efficiency Ecosystem through Multi-Stakeholders Partnership Approach in Indonesia” has been implemented by a consortium Ecoxyztem and Enertec, with support from the UK PACT Mentari Energy Efficiency program in cooperation with Direktorat Jenderal Energi Baru Terbarukan dan Konservasi (EBTKE) Indonesia. This program has culminated in the creation of Guidelines on ESI Development in Indonesia. 

Why This Guideline Matters

Indonesia’s energy efficiency market is still in its early stages, and stakeholders require a clear roadmap to navigate this emerging sector. The guideline addresses this gap by offering actionable insights and strategies for implementing ESI, ensuring that the market develops in a sustainable and effective manner.

Who Will Benefit?

The guideline serves as a vital resource for a diverse range of stakeholders, each playing a crucial role in advancing Indonesia's energy efficiency agenda. For government bodies, it provides a blueprint to create policies and build ecosystems that enable the seamless adoption of Energy Savings Insurance (ESI) products, fostering trust and market growth. The insurance industry is guided through the complexities of energy efficiency projects, offering clarity on potential opportunities, inherent risks, and the processes needed to manage them effectively. Financial institutions gain valuable insights into identifying and supporting viable energy efficiency investments, paving the way for sustainable financing solutions. Meanwhile, ESCOs and facility owners are empowered to participate confidently in energy efficiency initiatives, assured by mechanisms that effectively transfer project risks. Finally, energy auditors and practitioners are equipped with technical and operational standards that align with ESI frameworks, ensuring consistency and success across all levels of implementation. 

Objectives of the Guideline

The primary goal of this document is to make a guideline for the development of Energy Savings Insurance (ESI) in Indonesia, tailored to the Indonesia specific needs. It seeks to provide the foundational knowledge to establish a supportive ecosystem for ESI products. This involves critical steps such as strengthening the capabilities of ESCOs, standardizing contracts, and creating incentives that encourage the insurance industry to confidently issue ESI products.

Additionally, the document is designed to equip the insurance industry with a deeper understanding of energy efficiency projects in Indonesia. It addresses essential aspects such as business processes, potential savings, risk management, and mitigation strategies, ensuring that ESI products align with the unique nature of energy efficiency initiatives.

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Discover how Energy Savings Insurance can unlock the potential of energy efficiency projects in Indonesia. Click the button below to access the full guideline and be part of the movement toward a sustainable energy future.

[Download the English Version Report]

[Download the Bahasa Indonesia Version Report]