Bank Indonesia Policy Mix

Innovative Financing: Sovereign Green Sukuk and SDGs Bond Sovereign Green Sukuk and SDG Bond 14 Green Sukuk Financed Sectors (2016-2019) No Issuance Value 1 Global Green Sukuk (Mar 2018) USD 1,25 billion 2 Global Green Sukuk (Feb 2019) USD 750 million Number of Projects 12 10 Renewable Energy Sustainable Transportation Energy Efficiency Resilience to Climate 3 Green Sukuk Retail (Nov 2019) IDR 1,46 trillion 4 Global Green Sukuk (Jun 2020) USD 750 million 5 Green Sukuk Retail (Nov 2020) IDR 5,42 trillion Waste to 2 Energy and Waste 0 Management Rp0 Change for Disaster Risk Areas Rp5,000,000,000,000 Rp10,000,000,000,000 Rp15,000,000,000,000 Rp20,000,000,000,000 Financing Commitment 6 Global Green Sukuk (Jun 2021) USD 750 million SDGs Financing Needs in Indonesia 7 SDG Bond (Sep 2021) EUR 500 million In USD Billion, 2020-2030 8:00 Est. SDGs Financing Distribution In USD Billion, 2020-2030 Non-Government Government 4,710 • Sovereign green sukuk is Indonesia's main financing instrument for climate actions. 700 44% 3,030 759 668 • Total global green sukuk financing: USD 3.5 billion • Total green sukuk retail financing: IDR 6.88 trillion THOD 588 517 500 453 396 • • 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 Green sukuk has financed various projects in 5 sectors and mostly for transportation projects. 400 147 302 39% 3:00 261 404 227 372 192 347 316 200 291 100 17 168 247 226 206 267 BALL High 0 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Soup: APPELS, SD, 2018 56% B1% BAU High 112

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