KDI 한국개발연구원 - 경제정책정보 - 발간처별 목록 - 경제분야 국제기구 - ADB - Impacts of Fiscal Policy on Green Technologies Transfer



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Impacts of Fiscal Policy on Green Technologies Transfer

ADB 2019.01.02
Under the 2016 first nationally determined commitments, the Indonesian government announced emission reduction targets of 29% and 41% by 2030 without and with international assistance, respectively. Germany, Japan, and the United States (US) are three key players among the Organisation for Economic Co-operation and Development (OECD) countries that have actively assisted the Indonesian government through several channels, such as bilateral assistance (loans and grants) and low-carbon technologies transfer. In terms of the energy efficiency sectors, in its 2017 National Energy Plan, the Indonesian government has described its intention to achieve a 17% increase in energy efficiency across industries compared to the business as usual condition. In order to achieve these energy efficiency targets, several fiscal policies were suggested to the Indonesian government, including reducing value-added tax and import duty on imported energy efficiency equipment and providing tax incentives for energy efficiency producers, particularly in the industrial manufacturing, building, and transport sectors.

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