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If Indonesia is to achieve its Sustainable Development Goal (SDG) targets, it will need to accelerate green infrastructure projects, but the pipeline of large-scale, bankable projects of this kind is lacking. As a result, capital markets, as well as instruments for accessing private nancing, are underutilized.
ADB created an integrated platform: the SDG Indonesia One– Green Finance Facility. The proposed $600 million loan project, currently being nalized, will utilize public resources to catalyze private funds, and then channel them into infrastructure projects to achieve the SDGs.
Find out more: Catalyzing Green Finance: A Concept for Leveraging Blended Finance for Green Development
“ADB’s assistance aims to support Indonesia in developing a nancing mechanism to link the provision of concessional funds in innovative structures to projects with clear green targets, nancial bankability thresholds, and road maps for private capital fund ows.”
Anouj Mehta
Principal Regional Cooperation Specialist, Southeast Asia Regional
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Financial products and solutions
