PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608039

Primary Business Area

Other

Disclosure Date

Mar 8, 2026

Country

Indonesia

Region

East Asia and the Pacific

IFC Approval Date

Dec 19, 2023

Status

Active

Estimated Total Budget

$560,863.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 17, 2026

Project Estimated Start Date

Jan 1, 2024

Project Estimated End Date

Jun 30, 2026

Client Legal Name

PT. Pertamina Hulu Energi

Project Description

During pre-implementation, the project will support diagnostics that seek to review the current status of the voluntary and compliance carbon markets, understand market potential for investment in various technologies relevant to decarbonization as well as develop reform road maps that would enable or strengthen private investment in these sectors. During pre-implementation, work will focus on three components: COMPONENT 1. Enablers of effective carbon markets COMPONENT 2. Enablers of supply of carbon credits COMPONENT 3. Enablers of demand for carbon credit

Development Results

E&S Risks / Impacts and Mitigation