What is ASSIST Joint Programme?
The UN Joint Programme ‘Accelerating SDGs Investments in Indonesia (ASSIST)’, or ASSIST Joint Programme, is a programme funded by the UN Joint SDG Fund which brings 4 (four) UN agencies together to support the Government of Indonesia (GOI) to meet its SDG targets through integrated policy support and innovating strategic and sustainable financing.
SDGs Target:
SDG 5, 6, 9, 13, 14, 17Participating UN Organizations:
UNDP (as lead agency), UNICEF, UNEP, UNIDODuration:
4 Years (2021- 2025)Why is ASSIST Joint Programme important?
Indonesia is committed to achieving the Sustainable Development Goals (SDGs) by 2030. As many as 94 out of 241 indicators in SDGs are already aligned with targets in the National Medium Term Development Plan (RPJMN). The Indonesia SDGs Roadmap 2019 indicated that an estimated USD 4.7 trillion of funding is required to achieve the country’s 2030 SDG targets. The ongoing COVID-19 pandemic further widens the already-existing financing gap. In addition, the financing gap is also a challenge for the country in implementing climate change action. Based on Indonesia’s updated Nationally Determined Contribution (NDC) 2021, Indonesia will require around USD 322 billion to meet the climate target by 2030. In an effort to address these issues and to move toward a sustainable post-COVID-19 economic recovery, Indonesia seeks to increase significant investment in SDGs from the public and private sectors.
Therefore, the ASSIST Joint Programme will support the GOI in financing the SDGs by:
- Taking proven and new financing instruments to scale through the provision of pre and post transactions technical assistance for development of innovative financing instruments.
- Providing capacity building to relevant stakeholders to improve institutional capacities to access and utilize finance and create a stronger regulatory environment for innovative finance towards the achievement of the SDGs.
The innovative financing instruments deployed will contribute to accelerating development in the underfunded sectors, including climate mitigation & adaptation, water & sanitation, and marine resource management, as well as ensuring gender inclusiveness and benefiting vulnerable communities.
What we do at ASSIST JP?
Theory of Change:
Financial Instruments:
- Thematic Bonds at National and Sub-National Level – UNDP, UNICEF
- SDGs-Linked loans to SMEs – UNEP, UNIDO, UNDP
- Indonesia Impact Fund (IIF) – UNDP, UNIDO