General Information
DESCRIPTION
The programme will explore opportunities to support SMMEs that might be negatively affected by a transition away from coal. As a first stage, it will look to identify businesses in West Java near to the proposed retirement of the Cirebon power station that might be candidates for introduction to investors/financiers.
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KEY DELIVERABLES
- Engagement with SMMEs in West Java
- Introductions between SMMEs and financiers
IPG Country / Entity
UK
Beneficiary
Various
Implementing Partner
BCG
Specific Focus
Support the small, medium, micro enterprise (SMME) ecosystem within Indonesia’s Just Energy Transition.
Commited Amount (Home Currency)
GBP
500,000
Commited Amount (USD)
USD
623,000
Financial Information
USD
623,000
Description
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Modality | Financing Type | Financing Source | Financing Intermediary | Amount (Home Currency) | Amount (USD) |
---|---|---|---|---|---|
Modality A | Grant / TA | IPG - United Kingdom | N/A | GBP 500,000 | USD 623,000 |