Anisa Indah Pratiwi

Authors: Sangeeth Selvaraju, Anisa Indah Pratiwi, Laura Sabogal and Viktor Ahlgren This report from the Just Transition Finance Lab explores the lessons that can be learned from Just Energy Transition Partnerships (JETPs) for the design of country platforms. JETPs are political agreements between a group of donor countries and an emerging economy partner country to mobilise and coordinate public and private finance to support a just energy transition.

ndonesia’s rapidly evolving peer-to-peer (P2P) lending landscape stands at a crossroads: it embodies financial innovation and promises increased financial inclusion yet is tainted by the prevalence of illegal online practices. The P2P sector has unlocked substantial financial opportunities for its borrowers, especially for underserved populations who previously had limited access to credit.

Indonesia’s middle class is shrinking. After expanding by 21 million from 2014 to 2018, it contracted by 8.5 million in the past six years, reducing its size to 52 million, as reported by the Indonesia Economic Outlook 2024. This class, which comprised 21-23% of the population before the pandemic, dropped to 17% last year, as outlined by the World Bank. This decline is mirrored in the aspiring middle class, rising to 49%, with many slipping into more vulnerable categories.