Ecobiz.asia – The UK government has launched the Climate Finance Accelerator (CFA) program in Indonesia and opened a call for proposals for low carbon businesses that are ready to enter the financing stage.
The program forms part of the UK’s support for Indonesia’s Nationally Determined Contribution and its net zero emissions target by 2060.
UK Ambassador to Indonesia Dominic Jermey said the CFA is a climate finance initiative designed to strengthen project readiness and connect developers with investors focused on climate impact.
“The Climate Finance Accelerator has supported more than 200 businesses worldwide and unlocked over US$400 million in investment deals,” Jermey said at the official launch at the British Embassy in Jakarta on Monday (February 2, 2026).
“I am pleased that this highly successful program is now present and launching its first cycle in Indonesia. We understand that climate businesses seeking financing can face challenges in becoming investment ready,” he said.
Jermey stressed that Indonesia is a key UK partner in global climate action. “Indonesia is a major player with talented climate entrepreneurs. We hope to provide support to selected businesses to help them secure investment,” he said.
According to Jermey, the launch of CFA Indonesia marks a further milestone following the announcement of the UK–Indonesia Strategic Partnership by UK Prime Minister Keir Starmer and Indonesian President Prabowo Subianto in London.
“This partnership is reinforced through an accelerator that delivers benefits for innovators in Indonesia as well as UK and global investors, driving sustainable growth and strengthening climate and sustainable finance cooperation. The CFA is a concrete example of that vision in action,” he said.
CFA Indonesia is being implemented by PwC Consulting Indonesia. President Director Martijn Peeters said the program aims to enhance the credibility of climate projects by improving investment readiness and providing a stronger governance framework.
The CFA is a global technical assistance program that supports the implementation of Indonesia’s Nationally Determined Contribution and its ambition to reach net zero emissions by 2060. With climate financing needs estimated at US$472.6 billion, Indonesia is seen as one of Southeast Asia’s most attractive markets for low carbon investment.
The program connects innovative businesses with investors seeking climate aligned investment opportunities, with a focus on energy, waste, agriculture, transport, industrial processes and product use, as well as forestry and other land use.
The CFA helps bridge technical readiness and financial viability to generate a scalable and bankable investment pipeline.
The call for proposals for CFA Indonesia is open from February 2 to March 9, 2026, with a minimum investment requirement of US$3 million.
Selected businesses will join a three to four month support program that includes group sessions and one on one consultations with financial and technical experts, as well as specialists in gender equality, disability, and inclusion. Around ten businesses are expected to be selected in the first cycle. ***
