In a recent post published in Mekar, Thierry Sanders highlighted the top 10 reasons to invest in Indonesia.
Here’s a snapshot of his Reason #4 – Growing Gov’t support for Sustainable Development Goals:
Ministry of National Development Planning (Bappenas) are developing a roadmap for Indonesia’s support to the SDGs.
Targets have been set on renewable energy, deforestation, palm oil expansion, women’s empowerment, poverty reduction, nutrition, maternal health, water, sanitation, etc.
The government has put in place BUMDes (village financing companies); a blended finance policy and has successfully raised USD 2 billion via a “Green Sukuk”.
More such Green Bonds are likely to follow, like the Green Corporate Bond issued by OCBC-NISP with the IFC.
On another front, closing the gender gap, although by no means complete, has resulted in marginally more women being financially included (banking services) than men in Indonesia: Jokowi’s first Cabinet had a record 9-women ministers.