2022 State Budget and Fiscal Incentives Presentation
Urgency of the Development of Green Taxonomy
Urgency of Green Taxonomy Development at OJK
- To standardize green definitions and criteria.
- To regularly monitor credit/financing disbursement to the
green sectors.
- To improve reporting process carried out by the Financial
Services Industry.
Targets
- Policy in the green sector, as the basis for
developing innovative products and/or
sustainable financial services as well as
incentive and disincentive mechanisms for
financial services sector.
Availability of database for green sectors.
Strategic Goals
To develop standard definitions and green criteria of economic sector activities that support sustainable
development, and climate change agenda in Indonesia.
- To encourage innovation and investment in economic activities that have a positive impact on improving the
quality of the environment.
- To encourage the financial sector to provide financing for green economy activities.
- To provide a reference for financial services sector, investors, business players (national and international) to
disclose information related to financing, funding, or investment in green economy activities.
Source: Financial Services Authority (OJK)
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