Search Climate Insights Directory
1 result
Enhancing Sustainable Finance Governance: The Role of the Sustainable Finance Committee in Policy Harmonisation and Cross-Institutional Coherence
The document outlines the operationalization of Indonesia's Sustainable Finance Committee (SFC) under Law No. 4/2023. It proposes a three-tier governance structure involving the Ministry of Finance, Bank Indonesia, and the Financial Services Authority (OJK) to bridge institutional silos and align national climate targets with financial market mechanisms. The paper emphasizes the need for a formal Government Regulation to ensure the SFC's authority, the creation of a centralized data platform for ESG transparency, and the use of sectoral coalitions to co-create bankable financial solutions for priority sectors like energy and transport.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Research paper