Banks learn to manage risks in renewable energy business through support from USAID and Indonesia’s Financial Services Authority  

7 March 2020

USAID Indonesia Clean Energy Development II (USAID ICED II) and Indonesia’s Financial Services Authority (OJK) conducted Environmental and Social Risk Analysis (ESRA) training on March 3-6, 2020 in Bandung. Financing of mini hydro power projects was the main topic of this training. Participating in the training were 39 people from OJK, National Planning Agency (Bappenas) and financial institutions such as HSBC, Bank Mandiri, BRI, Bukopin Bank and many more. At the end of the training, the participants visited Bengkok Mini hydro Power Plants (PLTM) in Bandung to have first-hand understanding of how a mini hydro power plant works. ESRA training series is part of USAID ICED II support to OJK in implementing Indonesia’s Sustainable Finance Road Map 2019-2023 by improving the capacity of financial institutions. The most important feature of the training is helping banks assess and manage risks associated with environmental protection and technical aspects.