Espelia supports the Jakarta Special Region in establishing a carbon pricing mechanism

As part of a technical assistance mission funded by the Asian Development Bank, Espelia, in consortium with EcoSecurities, is supporting the authorities of the Jakarta Special Region in the design and implementation of a carbon pricing system. This mission is structured around the following activities:

• Developing an investment plan aligned with greenhouse gas emissions reduction priorities;
• Defining an appropriate and sustainable financing strategy;
• Identifying feasible carbon pricing options, and establishing a roadmap and suitable regulatory framework;
• Developing the tools required to operationalize the mechanism;
• Implementing a pilot project to test the proposed solutions.

The assistance focuses primarily on three high-emission sectors: transport, buildings, and waste. The entire process integrates cross-cutting dimensions such as gender, social inclusion, and capacity building for the provincial government.

In this context, our team traveled to Jakarta from May 5 to 9 for a kickoff mission, whose main objective was to clarify and further explore the expectations expressed by Bappeda, the Regional Development Planning Agency.

Through this mission, Espelia actively contributes to Jakarta’s low-carbon transition and to the development of innovative climate public policies.