Case study: the Indonesia Climate Change Trust Fund (ICCTF)
The Indonesia Climate Change Trust Fund (ICCTF) is designed as a National Climate (Trust) Fund (NCF), which aims to develop innovative ways to link international finance sources with national investment strategies. In general, national climate finance institutions (NCFIs) are mechanisms that enable governments to strengthen national political and fiscal systems through directing financing towards national climate change projects and programmes. As it is country driven, it supports the strengthening of national institutions and coordinates climate change activities to enhance sustainable development and aid effectiveness. This case study provides an initial insight into the institutional set-up of a national climate finance institution. It gives an overview about the evolution of Indonesia’s climate change policy and introduces the ICCTF, including the funding sources, design, governance, administration and current operations.