Green Transaction Advisory Package extension: Accelerating RE financing with PT SMI

The Green-TAP 2 aims to provide an extension to the existing Green-TAP project that provides a targeted transaction advisory package to PT SMI (GCF DAE in Indonesia) on a portfolio of renewable energy (RE) projects that require ‘last mile’ support. This second phase is planned to build upon the success from 2021 of the first phase that was approved under Frank's large project challenge. In the second phase, the portfolio consists of RE projects totaling to an investment size of more than USD 1 billion and represents an installation capacity of more than 300 MW RE. GGGI team is targeting to mobilize at least USD 200 million in green investment, that represents a total installation capacity of 100 MW, by the end of 2022 - from the two phases of G-TAP project.