2022 State Budget: Fiscal Policy and Structural Reform
Fiscal, Monetary, and Financial Sector Policy Mix for
Green Economy
Fiscal Policy:
KEMENTERIAN KEUANGAN
REPUBLIK INDONESIA
1. Mitigation Fiscal Framework
2. Implementation of Govt. Expenditure for
Climate Change
3. Tax Facilities
4. Republic of Indonesia's Green
Bond/Sukuk Framework
5. Indonesia SDGs Government Securities
Framework
6. Sustainable Finance Platform: SDG
Indonesia One, Green Climate Fund,
BPDLH
7. Development of Climate Change Fiscal
Framework
8. Government support for new and
renewable energy (NRE) development
BB BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
Central Bank Policy:
1. Macroprudential Policy that encourages
financing in green building and
environmentally friendly vehicles
2. Technical Assistance/Capacity Building to
increase awareness about sustainable
and green finance
3. International Cooperation Forum (Network
for Greening the Financial System/NGFS)
OK
OTORITAS
JASA
KEUANGAN
Financial Sector Authority Policy:
1. Roadmap of Sustainable Finance,
2. Regulation of Sustainable Finance
Implementation,
3. Green Bond/Sukuk Regulation,
4. Capability Enhancement to market
participants with support from the
International Finance Corporation (IFC)
and the Sustainable Banking Network
(SBN)
Source: Ministry of Finance
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