Green Financing Archives

Looking at the Integration of Corporate Environmental Management Performance Assessment in Sustainable Taxonomy

Blog26 April 202484Views 0Likes 0Comments

Jakarta, April 25, 2024- Indonesia's sustainable development requires economic activities that consider environmental and social aspects. To support this, the Government of Indonesia, through the Financial Services Authority (OJK), transformed the Indonesian Green Taxonomy Edition 1.0 into the Taxonomy for Indonesian Sustainable Finance (TKBI) in February 2024. TKBI classifies economic activities that balance economic, environmental,…

Unlocking Potential Renewable Energy Finance in Southeast Asia

5 July 202359Views 0Likes 0Comments

A clean energy transition in ASEAN will cost at least USD 290 billion, or USD 27 billion annually until 2025. However, compared to projects running on fossil fuels, the lowering cost of wind and solar is less attractive due to their capital-intensive and high-risk nature, which makes it challenging for small businesses to undertake the…

CNBC | Retiring Indonesia’s Coal Plants, ADB Wants to Help Pay?

Media Coverage7 November 202272Views 0Likes 0Comments

The Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, explained the blended finance scheme uses various types of funding from various sources, including grants, green financing and other loan facilities. Read more on CNBC.