Sustainability has become one of the main considerations in any financial sectors’ financing/investment. However, a convergence of understanding on terminologies is needed for the market players and a wider range of stakeholders. One of the objectives of sustainable finance policies is to ensure that all FSS and stakeholders are using a common vocabulary regarding sustainable finance. This also serves as a contribution to other ongoing efforts within the FSS in developing key terms and definitions in sustainable finance.
The Indonesian Green Taxonomy Edition 1.0 has been officially launched by the President of the Republic Indonesia at Annual Financial Services Industry Gathering 2022- 2022
The Phase II roadmap focuses on developing a comprehensive sustainable finance ecosystem and consists of 7 components, namely Policy, Product, Infrastructure, Market, Ministries/Agency Coordination, Non-Government Support, Human Resources, and Awareness.