From Financial Reporting to Climate Accountability: Assessing Indonesian Local Governments’ Readiness for IPSASB SRS 1
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IPSASB SRS 1, Climate-related Disclosures, brings climate risk into general purpose financial reporting and creates a pre-adoption challenge for governments whose climate information is still spread across accounting, planning, environmental, and performance systems. This study examines that challenge in three information-rich Indonesian local governments: DKI Jakarta, Surabaya, and Semarang. A qualitative comparative documentary design is used, with directed content analysis based on the disclosure logic of SRS 1. The corpus combines 2024 audited financial reporting or formal financial-accountability documents with recent planning, budget, and climate-related documents. Readiness is not scored as compliance. It is assessed through the degree to which climate information is available, remains fragmented outside financial reporting, or begins to connect with budgets, assets, financing, and reported performance. The cases show substantial climate information but uneven accounting connectivity. DKI Jakarta presents the clearest partial integration because its audited 2024 Notes to the Financial Statements report a greenhouse-gas reduction indicator and disclose major flood-control financing. Surabaya and Semarang show stronger links in environmental and planning documents than in general purpose financial reporting. The main constraint is not a lack of climate information, but the institutional work needed to connect risk, financial effects, and accountability.
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