2022 State Budget and Fiscal Incentives Presentation
Innovative Financing:
Sovereign Green Sukuk and SDGs Bond
Sovereign Green Sukuk and
SDG Bond
No
Issuance
Value
Green Sukuk Financed Sector Allocation (2018-2020)
(Domestic and Global)
81%
62%
49%
1
Global Green Sukuk (Mar 2018)
USD 1,25 billion
2
Global Green Sukuk (Feb 2019)
USD 750 million
8%
6%
27%
17%
11%
5%
9% 11%
7%
7%
3
Green Sukuk Retail (Nov 2019)
IDR 1,46 trillion
4
Global Green Sukuk (Jun 2020)
USD 750 million
Renewable
Energy
5
Green Sukuk Retail (Nov 2020)
IDR 5,42 trillion
Energy
efficiency
Resilience to Climate Change for
Highly Vulnerable Areas and
Sectors/Disaster Risk Reduction
Sustainable
Transport
Waste and Waste to
Energy
Management
2018 2019 2020
6
Global Green Sukuk (Jun 2021)
USD 750 million
7
SDG Bond (Sep 2021)
EUR 500 million
SDGs Financing Needs in Indonesia
In USD Billion, 2020-2030
8 Green Sukuk Retail (Nov 2021)
IDR 5,00 trillion
•
Sovereign green sukuk is Indonesia's main financing
instrument for climate actions.
.
• Total global green sukuk financing: USD 3.5 billion
•
• Rol issued its debut SDG Bond in September 2021, which
was also the first issuance of sovereign conventional SDG
bond in Asia.
Source: Ministry of Finance
759
668
588
517
• Total green sukuk retail financing: IDR 11.88 trillion
453
396
400
Green sukuk has financed various projects in 5 sectors and
mostly for transportation projects.
147
302
3:00
261
404
39%
227
372
192
347
316
200
247
267
291
100 17 168
226
206
8:00
Est. SDGs Financing Distribution
In USD Billion, 2020-2030
Non-Government
Government
4,710
700
1:00
44%
3,030
500
56%
B1%
BALL
High
0
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
BAU
High
125
Sour: APPEALS, SOR, 2008View entire presentation