Indonesia has a lofty goal of decreasing emissions by 26%, by 2020. To help reach this goal they are making plans to set up a $1 billion fund to invest in renewable energy projects and water treatment to address the effects of climate change.

The Government Investment Unit will contribute $100 million to the Indonesia Green Investment Fund, which it will oversee, according to Edward Gustely, a senior adviser at the Ministry of Finance in Jakarta. The fund will raise the remaining $900 million from governments that have shown some interest in investing .

Indonesia is looking more closely at low-carbon strategies to meet it’s growing demand for energy, food and water. Over half of the 248 million people in Indonesia have access to electricity and about 30% to potable water.

“Other countries are doing it because they want to be good stewards of the environment,” Gustely said. “Indonesia’s immediate focus is less on inventing the technology, but rather on ways to scale greater investment and market deployment of it for supporting these new economic growth poles in a sustainable fashion.”

Deforestation and forest degradation account for more than 83 percent of Indonesia’s carbon emissions, according to WWF.