Organizers: US-Indonesia Society (USINDO), Stimson Center's Southeast Asia Forum, and the U.S.- ASEAN Business Council.
USINDO will host its second Open Forum Series on Climate Change: Climate Change Finance. This program intends to deepen public understanding of climate change finance issues and stimulate progress on climate change investment. It is in parallel with and supportive of the two governments’ active discussions on meeting global announced goals for mitigating climate change.
Increasing climate change investment depends both on the innovative new U.S. and Indonesian public sector programs to increase climate change investment, and on purely private efforts to raise capital for climate change projects. Thus, our program has speakers from both the U.S. and Indonesian agencies that seek to stimulate climate change investment, innovative Indonesian and U.S. private sector companies interested in climate investment, and an academic expert speaking on the kinds of climate change finance programs that have proven most effective.
For any questions, please email mkhalae@usindo.org .
Panelists:
Erin Murphy is the Director of Indo-Pacific at the U.S. International Development Finance Corporation (DFC), the U.S. agency which assists businesses to obtain financing. She is responsible for business development, engagement with U.S. government agencies, and collaboration with regional governments, partners, and development finance institutions. She was the principal and founder of the Inle Advisory Group, an emerging market-centric strategic advisory firm helping businesses and organizations, from Fortune 500 companies to nonprofits, to enter and successfully navigate challenging markets.
Darwin Trisna Djajawinata is the Chief Financial Officer (CFO) of PT Sarana Multi Infrastruktur (PT SMI), a "Special Mission Vehicle" under the Ministry of Finance to finance infrastructure projects. He established “SDG Indonesia One,” an integrated platform of public and private funds that channel into infrastructure projects to support the attainment of Sustainable Development Goals. In the last five months, he raised more than $1.2 billion of funding to support PT SMI’s investment and financing. Earlier, Mr. Djajawinata was the director for project development and sustainable finance where he established the Sustainable Finance Unit within PT SMI that promotes renewable energy, energy efficiency and climate change related investment in Indonesia. Under his leadership, PT SMI became the first Southeast Asian institution accredited by the Green Climate Fund.
Dharsono Hartono is the Chief Executive Officer of PT Rimba Makmur Utama, an Indonesian-based company developing the forest conservation and restoration Katingan Mentaya Project. After receiving a Masters in Financial Engineering from Cornell University, he handled mergers and acquisitions, debt management and financing, and raising capital for multinational firms. He also won an Ernst & Young Entrepreneur Environmental Avant Garde Award in 2018.
Dr. Rishikesh Ram Bhandary is a recent doctoral graduate of The Fletcher School of Law and Diplomacy. He is a faculty affiliate at Fletcher's Climate Policy Lab. Dr. Bhandary is an expert on climate finance, national climate funds and international climate negotiations. He was the lead author of “Climate Finance Policy in Practice: A Review of the Evidence,” which was published in Climate Policy. His research centers on how developing countries can mobilize finance from different international sources. He has been a fellow with the Program on Negotiation at Harvard Law School and was an Avantha Fellow at the Avantha Aspen Institute in Delhi. He serves on the editorial board of Global Policy: Next Generation.
Bill Meade, Senior Director with Tetra Tech (USA), has 30 years of international experience in renewable energy, energy efficiency and independent power production, in cooperation with the government and international development agencies, industry associations, and private companies. He recently returned from Jakarta where he served as director of USAID’s Clean Energy Development (ICED) Project providing advisory services to national and local government, project developers, banks and financial institutions, and PLN (the national electric utility). Since 2011, he has facilitated over $1.7 billion in renewable energy project financing, 212 MW of installed generating capacity, and 1.6 million people with access to clean energy. Tetra Tech is now implementing USAID’s 5-year Sustaining Indonesia’s Advancing Energy Resilience (SINAR) project.
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