2022 State Budget and Fiscal Incentives Presentation
External Review of Indonesia SDGs Government Securities Framework
Engaged with CICERO and IISD to Adhere to the Best Market Practice of External Reviews
Joint Second Party Opinion from CICERO Shades of Green¹ and IISD²
"CICERO
°C
Shades of
Green
IISD
International Institute for
Sustainable Development
Republic of Indonesia
9DCs Framework Second Opinion
கர்
Extracts of Republic of Indonesia SDGs Framework Second Opinion
The
Green Bond
Principles
The
Social Bond
Principles
The
"In alignment with the green bond principles, social bond principles,
and sustainability bond guidelines."
Sustainability Bond
Guidelines
"CICERO Shades of Green governance procedures in the Republic of
Indonesia's framework to be Good."
"Eligible social projects credibly aim for enabling sustainable
development that will be supported by proposed comprehensive
reporting of impacts"
"We rated Republic of Indonesia's green bond and sukuk issuances
under this framework CICERO Medium Green".
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LA PAZ Awwww
Aligned with Best Practice and to Obtain Assurance on Post-Issuance Annual Reporting
The Republic of Indonesia will engage an independent third party to provide assurance on its annual
reporting on Green and SDGs Securities and the compliance of each Green and SDGs Securities
issued with this Framework
Source: Joint Second Party Opinion from CICERO and IISD on the Republic of Indonesia SDGs Government Securities Framework
Note:
1.
2.
CICERO is a global, independent, research-based second party opinion provider on green bond frameworks
IISD is a Second Party Opinion provider offering practical solutions to the growing challenges and opportunities of integrating environmental and social priorities with
economic development
Source: Ministry of Finance
IISD
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