This background paper by IESR and Germanwatch examines the climate financing landscape in Germany and Indonesia, focusing on climate mitigation in the energy sector. For Germany, this paper provides a comprehensive summary of its climate financing flows, structure, and global trends. With respect to Indonesia, it examines its climate mitigation targets and achievements, energy transition financing trends, and potential avenues for international climate finance support. By analysing climate financing trends and energy cooperation between Germany and Indonesia, this background paper highlights key aspects of Indonesia's energy transition in line with Germany's priorities. It also identifies entry points and opportunities for supporting Indonesia's energy transition.
