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:
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Ministry of National Development Planning (Bappenas) are developing a roadmap for Indonesia’s support to the SDGs.
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Targets have been set on renewable energy, deforestation, palm oil expansion, women’s empowerment, poverty reduction, nutrition, maternal health, water, sanitation, etc.
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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”.
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More such Green Bonds are likely to follow, like the Green Corporate Bond issued by OCBC-NISP with the IFC.
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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.
