Indonesia prioritises environmentally friendly projects World

Indonesia prioritises environmentally friendly projects

Indonesian President Joko Widodo said on January 27 that the country is in need of investments that could generate jobs and competitive products in the global market, and it will prioritise environmentally friendly projects to create enduring values.
Banks key in country’s green growth strategy Business

Banks key in country’s green growth strategy

The banking sector plays a key role in “green” investment, including directing credit flow into environmentally-friendly sectors and restricting flow into projects which might have negative impacts on the environment.
Indonesia introduces Muslim bonds at IMF-WB meetings World

Indonesia introduces Muslim bonds at IMF-WB meetings

Indonesia has introduced Green Sukuk, an Islamic bond used for financing environmentally-friendly projects, at the ongoing International Monetary Fund-World Bank (IMF-WB) annual meetings in Nusa Dua, Bali.