2018-03-20id-20republic-20of-20indonesia-281-29-d0b5c9bc770cb276.pdf

A fact sheet detailing the Republic of Indonesia's sovereign green bond issuance of SGD 1.65 billion (USD 1.25 billion), outlining the eligible categories for the use of proceeds and the assessments provided by CICERO and the Climate Bonds Initiative.

• The Republic of Indonesia issued a green bond totaling SGD 1.65 billion (USD 1.25 billion), marking the first green bond from Indonesia, the first sovereign green bond from Asia, and the fifth such issuance globally.
• Proceeds for renewable energy are designated for generation and transmission from sources such as onshore and offshore wind, solar, tidal, biomass, geothermal, and hydropower, while explicitly excluding nuclear, fossil fuel electricity generation, and large hydropower plants exceeding 30MW.
• Eligible projects for energy efficiency must demonstrate consumption reductions of at least 10% below the national average for equivalent infrastructure, and green buildings must align with the Greenship certification from the Green Building Council Indonesia.
• The bond framework includes categories for adaptation (including food security and public health), low carbon transport, sustainable agriculture (excluding land obtained through deforestation), sustainable management of natural resources, and green tourism.
• The Climate Bonds Initiative and CICERO expressed concerns regarding transparency and alignment; specifically, CICERO noted that Greenship certification does not guarantee energy efficiency improvements, and the Climate Bonds Initiative highlighted potential non-alignment with its Taxonomy regarding social programs, green tourism, and R&D.

APA

Climate Bonds Initiative (2018). 2018-03-20id-20republic-20of-20indonesia-281-29-d0b5c9bc770cb276.pdf. https://www.climatebonds.net/files/drupal-files/files/2018-03%20ID%20Republic%20of%20Indonesia%281%29.pdf

Chicago

Climate Bonds Initiative. 2018-03-20id-20republic-20of-20indonesia-281-29-d0b5c9bc770cb276.pdf. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-03%20ID%20Republic%20of%20Indonesia%281%29.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=2018-03-20id-20republic-20of-20indonesia-281-29-d0b5c9bc770cb276.pdf |date=1 March 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-03%20ID%20Republic%20of%20Indonesia%281%29.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative201820180320id20republic20of20indonesia28129d0b5c9bc770cb276pdf, author = {{Climate Bonds Initiative}}, title = {{2018-03-20id-20republic-20of-20indonesia-281-29-d0b5c9bc770cb276.pdf}}, institution = {Climate Bonds Initiative}, year = {2018}, month = mar, url = {https://www.climatebonds.net/files/drupal-files/files/2018-03%20ID%20Republic%20of%20Indonesia%281%29.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }