UK launched Climate Finance Accelerator in Indonesia

Jakarta, 2 February 2026 - The UK-funded Climate Finance Accelerator (CFA) has launched today in Indonesia with the opening of a call for proposals. The CFA is a global technical assistance programme that will boost Indonesia’s efforts to implement its Nationally Determined Contribution (NDC) by bringing together investors that can develop and finance climate projects at scale.   

The CFA aligns closely with Indonesia’s Nationally Determined Contribution (NDC) and its ambition to achieve net zero by 2060. With an estimated climate financing need of US$472.6 billion, Indonesia represents one of Southeast Asia’s most high potential markets for low-carbon solutions and investment. CFA provides a unique platform to unlock this potential by connecting innovative businesses with investors seeking high-impact opportunities across climate-aligned sectors. By bridging technical readiness and financial viability, CFA helps transform climate ambition into investment-ready projects that deliver measurable returns and long-term resilience. 

CFA Indonesia is searching for low-carbon businesses tackling climate change and seeking investment. The CFA gives entrepreneurs practical support from a wide range of experts that is tailored to individual businesses and gives them the skills needed to find investment. The call for proposals is open from 2 February to 9 March 2026.  Businesses seeking support should require a minimum of US$3 million of investment. 

The programme was launched today by the British Ambassador to Indonesia Dominic Jermey CVO, OBE at an event at The World Trade Centre 3, Sudirman, Jakarta. Successful businesses will receive 3-4 months of group and one-to-one support from financial, technical and gender equality, disability and inclusion experts to help increase their chances of finding investment. They will also pitch their projects at an event for climate investors to be held in November 2026. Entrepreneurs will build their network of potential investors, as well as receiving tailored feedback from a range of financiers. 

Around ten businesses are expected to be selected from the energy, waste, agriculture, transport, industrial processes and product use (IPPU), and forestry and other land use (FOLU) sectors. 

British Ambassador to Indonesia Dominic Jermey CVO, OBE, said: 

“The Climate Finance Accelerator has supported over 200 businesses worldwide and unlocked over US$400 million in investment deals. I am delighted that this hugely successful programme is now operating and launching its 1st cycle in Indonesia. We know that climate businesses looking for finance can struggle to get investment ready. Indonesia is a valued climate partner and an important player in global climate action with talented climate entrepreneurs, we look forward to supporting some of them on their investment journey.   

This call for proposals marks an important milestone following the launching of the UK-Indonesia Strategic Partnership between UK Prime Minister Keir Starmer and President Prabowo Subianto in London. That partnership is truly emphasised with this accelerator, benefiting innovative project developers in Indonesia and open to investors in the UK and globally, thus creating mutual benefits for sustainable growth while strengthening our cooperation across climate and sustainable finance. CFA is a tangible example of how we turn that vision into reality.” 

Martijn Peeters, President Director of PwC Consulting Indonesia, said: 

“PwC Indonesia is proud to work together with the UK Government to deliver CFA in Indonesia. Our goal is to help businesses present clear, compelling opportunities and build connections with investors who share their growth ambitions. This programme is about turning ambition into investable projects that deliver measurable returns and climate impact. For this year, we aimed to reach ten businesses from various climate-related sectors.   

“Beyond improving investment readiness, CFA supports Indonesia’s broader transition by strengthening the quality of project development, enhancing market confidence, and helping innovators navigate the complexities of climate finance. We are committed to working closely with entrepreneurs, investors and ecosystem partners to build a robust, investment-ready pipeline of bankable low‑carbon solutions for Indonesia’s future.”