Green Bond Fact Sheet
Summary
This fact sheet describes a green bond issued by PT Sarana Multi Infrastruktur (PT SMI), a government-backed infrastructure financing company in Indonesia. The bond, issued on July 6, 2018, raised IDR 355 billion (USD 25 million) to finance and refinance projects across energy, transport, water, waste, and land use sectors.
Key insights
- PT Sarana Multi Infrastruktur issued a green bond on July 6, 2018, with a total amount of IDR 355 billion (approximately USD 25 million) and a maturity date of July 6, 2023. This represents the first Indonesian green bond issued by a government-backed entity.
- The proceeds from the issuance are designated for refinancing three light rail transit projects, two mini hydro power plants, a water treatment plant, and irrigation systems, as well as the proposed financing of a new co-power generation power plant.
- The Green Bond Framework excludes energy generation from fossil fuels and requires energy efficiency infrastructure improvements to target a reduction in energy consumption of at least 10% compared to the national average.
- Both CICERO and the Climate Bonds Initiative expressed concerns regarding the lack of eligibility requirements for irrigation systems within the land use category, noting the risk that such systems could "overdraw water fresh supplies, thereby threatening drinking water sources and fragile ecosystems".
Cite the original document
- APA
- Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-07%20ID%20PT%20Sarana%20Multi%20Infrastruktur.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-07%20ID%20PT%20Sarana%20Multi%20Infrastruktur.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=13 July 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-07%20ID%20PT%20Sarana%20Multi%20Infrastruktur.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2018-07%20ID%20PT%20Sarana%20Multi%20Infrastruktur.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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