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GCF-KDB Programme: Supporting Innovative Mechanisms for Industrial Energy EfficiencyFinancing in Indonesia with Lessons for Replication in Other ASEAN Member States Gender Assessment Report under the GCF-KDB Programme: Supporting InnovativeMechanisms for Industrial Energy Efficiency Financing in Indonesia with Lessons for © ACE 2025Unless otherwise stated, this publication and material featured herein are the property of the ASEAN Centre for Energy (ACE), subject to copyright by ACE. Material in thispublication may be freely used, shared, copied, reproduced, printed and/or stored,provided that all such material is clearly attributed to ACE. Material contained in this Published by: ASEAN Centre for EnergySoemantri Brodjonegoro II Building, 6th fl. Directorate General of ElectricityJl. HR. Rasuna Said Block X-2, Kav. 07-08 Jakarta 12950, Indonesia DisclaimerThis publication and the material featured herein are provided “as is”. All reasonable precautions have been taken by the ASEAN Centre for Energy (ACE) toverify the reliability of the material featured in this publication. Neither ACE nor any of itsofficials, consultants, data or other third-party content providers or licensors providesany warranty, including as to the accuracy, completeness, or fitness for a particularpurpose or use of such material or regarding the non-infringement of third-party rights. The information contained herein does not necessarily represent the views, opinions orjudgements of the AMS or of the individuals and institutions that contributed to thisreport, nor is it an endorsement of any project, product or service provider. Thedesignations employed and the presentation of material herein do not imply the Report CitationACE (2025).Gender Assessment Report under the GCF-KDB Programme: Supporting Innovative Mechanisms for Industrial Energy Efficiency Financing in Indonesia withLessons for Replication in Other ASEAN Member States. ASEAN Centre for Energy (ACE). Forfurtherinformationaboutthiscee@aseanenergy.org. ACKNOWLEDGEMENT TheGender Assessment Report under the GCF–KDB Programme:SupportingInnovative Mechanisms for Industrial Energy Efficiency Financing in Indonesia withLessons for Replication in Other ASEAN Member Stateswas developed by the ASEAN We express our sincere appreciation toKDBfor their continued partnership and valuablecollaboration throughout the GCF-KDB Programme. We also extend our gratitude to theInstitute for Development of Economics and Finance (INDEF)for their role asconsultant in developing this gender-responsive assessment. Our appreciation also We express our gratitude toGCFfor their fundingsupport, which enabled the extensivestakeholder consultationsand engagements essential to the completion of this We look forward to continuing this collaboration with all our partners. Thefindings of thisreport, thoughfocusedon Indonesia, lay the groundwork for replication and knowledgesharing across ASEAN Member Statestowarda more inclusive andsustainableenergy TABLE OF CONTENTS ACKNOWLEDGEMENT ......................................................................................... vLIST OF TABLES ................................................................................................. viiLIST OF FIGURES ............................................................................................... viiLIST OF ABBREVIATIONS ....................................................................................viii 1.INTRODUCTION............................................................................................ 1 1.1Background............................................................................................................21.2Global Context and International Initiatives.............................................................21.3Scope of Work and Deliverables..............................................................................3 2.CONTEXTUAL OVERVIEW .............................................................................. 7 2.1Why Gender Matters?.............................................................................................82.2Regulatory Landscape of Gender Equality in Indonesia..........................................102.3Current Landscape of Gender Equality in Indonesia...............................................15 3.PRACTICES ON GENDER INCLUSIVE FINANCING: CROSS-COUNTRY COMPARISON ................................................................................................... 28 4.1Gender Assessment of Regulatory Bodies.............................................................344.2Gender Assessment of Financial Institutions.........................................................38 5.CONCLUSIONS AND RECOMMENDATIONS .................................................. 48 5.1Key Findings and Analysis.....................................................................................495.2Strategic Recommendations.....................