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Source: InternetThe Sustainable Development Goals Indonesia One–Green Finance Facility (SIO-GFF), the first of its kind in Southeast Asia, aims to finance at least 10 projects, with at least 70% of the financing supporting green infrastructure and the rest supporting the SDGs. The facility will design bankable projects to attract funding to supplement public expenditure, including from private, institutional, and commercial sources.“The SIO-GFF aims to catalyze up to 8 times the funds invested to support climate-friendly infrastructure and help Indonesia make progress toward the SDGs,” said Unit Head of ADB’s Green and Innovative Finance for Southeast Asia and Country Director for Thailand Anouj Mehta. “It will boost the development of sustainable infrastructure and accelerate the country’s recovery from the COVID-19 pandemic by crowding in capital and creating jobs.”The loan to the Indonesian government will be re-lent to PT Sarana Multi Infrastruktur (Persero), or PT SM ....
The Asian Development Bank (ADB) has approved a loan worth $150 million to support a facility that can accelerate Indonesia s economic recovery, local media reported.The facility, the Sustainable Development Goals Indonesia One-Green Finance . ....
JAKARTA: The Asian Development Bank (ADB) has granted a loan of $150 million to finance a facility that can help Indonesia's economic re. | News Track ....
ADB has approved a $150 million loan for a facility aimed at accelerating Indonesia’s economic recovery from the COVID-19 pandemic and catalyzing public and private funds to support green and bankable infrastructure projects. ....