Indonesia's COVID-19 Vaccination and Economic Resilience Strategy slide image

Indonesia's COVID-19 Vaccination and Economic Resilience Strategy

Sustainable Finance Initiatives Ex www. www Br IN OK Sustainable Finance Roadmap Phase I (2015-2019) OJK is committed to supporting the Indonesian Government's target to achieve Net Zero Emission and enhancing stakeholders' awareness on the importance of development. Phase I Achievement Strategic Policies 1. Implementation of 8 sustainable finance principles. 2. Reports of SF Action Plan from financial institutions. 3. Corporate Social Responsibility fund allocation. 4. Financial institutions' Sustainability Report. Enhancing Awareness sustainable finance 1. Capacity building for OJK's supervisors and stakeholders. 2. Guideline on Sustainable Credit, Financing, Investment for palm oil plantation and industry, clean energy, green building, and organic farming with sharia scheme. Institutional Collaboration 1. Collaboration with ministries and other national/international organizations, including universities and research centers. Regulation on Sustainable Finance OJK stipulated some regulations to support SF a. POJK No.51/2017 regarding the Implementation of SF for Financial Institutions, Issuers and Public Companies, which aims to enhance awareness of the financial industry, regulate financial institutions' obligation to submit action plan for enhancing sustainable finance and to publish sustainability report. b. POJK No.60/2017 regarding framework and incentives for issuance of green bonds. In 2020, OJK also issued supervisory guidance and policy regarding incentives for electric vehicle-related financing. C. Source: Financial Services Authority (OJK) DONGMAN CHAM DERRY AN AFTANTI 13831-27031 Green Taxonomy Sustainable Finance Roadmap Phase II (2021-2025) focuses on sustainable finance ecosystem development consisting of 7 components. The Roadmap reflects OJK's commitment to realizing transparent regulations, building synergies in cooperation with relevant ministries/agencies and stakeholders, as well as improving the capabilities of the financial industry. ESG Risk Integration in Financial Institutions Risk Management Developing Incentives Guidance of Sustainable Finance Implementation in the Capital Market and NBFI • Supporting Infrastructure Development • Product Innovation . Policy Product Guidebook of Credit/Financing/ Investment in Sectors National Campaign - Indonesia Sustainability Week Sustainable Finance Inclusion Program Informative Publications for New Investors Awareness Human Resources SUSTAINABLE FINANCE INDONESIA Non- Government Support Market Infrastructure Coordination among related Ministries/ Institutions Development of Sustainable Finance Information Hub • • • Sustainable Finance Training and Training of Trainers E-learning development Developing Research Centers • Pilot Project on Sustainable Finance Sustainable Finance Taskforce Monitoring and Evaluation of the Implementation of Sustainable Finance 171
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