Investor Presentaiton
Indonesia's Green Initiatives: Financing Green Projects
Development of Indonesia's Green Projects Financing
The Republic of Indonesia has issued three sovereign global
Green Sukuk, consecutively in February 2018, 2019 and June
2020, with the total amount of USD 2.75 Billion
2020 Issuance
USD 750 million
34% allocated to Green
investors*
2019 Issuance
USD 750 million
(or IDR 11.25 trillion)
29% allocated to Green
investors*
Each issuance comprised of:
2018 Issuance
USD 1.25 billion
(or IDR 16.75 trillion)
29% allocated to Green
investors*
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
and 49% financing new projects
Allocation by Sector
Renewable energy
Resilience to Climate Change for Highly
Vulnerable Arcas and Sectors/Disaster Risk
Reduction
Frergy efficiency
Waste and Waste to Energy Management
Managed by 3
Ministries:
148元
777805006
82%
22718.713
27
20088318
1262073
30217,186
11%
39.482,770
102.5.1947
42,59520
73.187388
17
96
0%
6%
7%
Sustainable Transport
69%
Mineary of
Transportation
Minicity if nergy and
Mucral Resources
Ministry of Putile:
Warks and Housing
116.
2019 Issuance
imagation
adaptation
Allocation by Activity
11%
83%
00
2018 Issuance
mbcation
daptation
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
17%
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