Greenwise

Strategizing Formulation in Shaping Regulations Supporting the Green Finance Ecosystem

Responding to the development of the Strategy for Private Sector Engagement in Accessing Green Finance, Greenwise Consulting visited the Financial Services Authority (OJK) office at the Menara Radius Prawiro OJK Building in the Bank Indonesia Complex, Jakarta. This meeting was a follow-up meeting between Greenwise Consulting and the Financial Services Authority to discuss the results of the Cluster Strategy Formulation for OJK as a regulator. Previously, the Financial Services Authority had contributed to the data collection process in the preparation of the Strategy for Private Sector Engagement in Accessing Green Finance. This meeting is expected to provide concrete steps for regulators in determining policies that can support the green finance ecosystem in Indonesia.

The Strategy for Private Sector Engagement in Accessing Green Finance is a national strategic document prepared by the Fiscal Policy Agency as Indonesia’s National Designated Authority (NDA) in collaboration with Greenwise Consulting. The process of preparing this national strategic document is one of the efforts in achieving the NDC 2030 greenhouse gas emission reduction target. This National Strategic Document is expected to be a good guide for regulators, financial institutions, and the private sector to collaborate in shaping a sustainable green financing ecosystem in Indonesia.

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