Investor Presentaiton
Indonesia's Green Initiatives: Financing Green Projects
Development of Indonesia's Green Projects Financing
The Republic of Indonesia has issued two sovereign global
Green Sukuk, consecutively in February 2018 and 2019, with
the total amount of USD 2 Billion
2019 Issuance
USD 750 million
2018 Issuance
USD 1.25 billion
(or IDR 16.75 trillion)
29% allocated to Green investors*
(or IDR 11.25 trillion)
29% allocated to Green investors*
Each issuance comprised of:
and 49% financing new projects
Indonesia has continued to develop the Green market through the introduction of the first
Retail Green Sukuk in the world (Savings Retail Sukuk, ST006) in November 2019. The ST006
is an investment instrument based on Sharia principles issued and sold to individual
Indonesian citizens in the domestic market with an online platform. Allocation and impact
of the Retail Green Sukuk is not included in the Green Sukuk Issuance Allocation and Impact
Report issued in February 2020
2019 Issuance
Allocation by Sector
2018 Issuance
51% refinancing existing projects
580,480794
48%
772805236
B2%
Allocation by Sector
202718,713
27%
200,818,308
00217.156
39.192,770
102,5 19,177
92,596,628
1262,073
5%
11%
9%
6%
73,167,389
6%
17
7%
Renewable energy
Resilience to Climate Change for Highly
Vulnerable Areas and Sectors/Disaster Risk
Reduction
Frergy efficiency
ने
00
Waste and Waste to Energy Management
Managed by 3
Ministries:
Sustainable Iransport
09%
Ministry of
Transportation
Ministry of Energy and
Mineral Resources
Ministry of Public:
Works and Housing.
2019 Issuance
mitigation
adaptation
Allocation by Activity
11%
83%
2018 Issuance
mitigation
adaptation
17%
Note: Information extracted from Green Sukuk Issuance Allocation and Impact Report (February 2020), and subject to change and assurance from PwC.
Projects were financed in Indonesian Rupiahs and the currency exchange rate based on the State Budget Assumption for 2019 budget year of IDR 15,000 per USD was used to re-calculate the spent amount on each project
*These statistics are based on the HSBC's in house assessment of investor ESG/SRI appetite and sophistication, which is developed from Market Intelligence and our own understanding from client conversations. A green classification is assigned to investors
taking into account whether they have Green/SRI fund and/or strategy, whether they are signatories of a variety of SRI initiatives and with awareness to their broader activities/public announcements in the SRI market. Classifications evolve over time
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