Upload
vodang
View
221
Download
0
Embed Size (px)
Citation preview
GreenBankingLegislation,StandardsandImplementation
EdiSetijawan
RegionalSeminaronInnovativeClimateFinanceInstrumentsforFinancialInstitutions
19-20June2017,UNCC,Bangkok,Thailand
2
SustainableFinancePolicyFramework
SUSTAINABLEDEVELOPMENTGOALS &
CLIMATECHANGE
LawNo.32of2009concerningConservationandManagement
oftheEnvironment
Indonesiancommitmentforclimatechange
NationalActionPlanfortheReductionofGreenhouse Gas
Emission (RAN– GRK)1. SectorsContribution towards
theTargetedGHGemissionsreduction
2. FinancingneedsforGHGemissionsreduction
LongTermNationalDevelopmentPlan(RPJPM)
1. GreenEconomy2. PriorityEconomic
Sectors3. Financingneedsfor
economicdevelopment
Complianceenvironmental
economicinstruments
Competitiveness
Fulfillment forSustainableFinancingNeeds
Resilience
RoadMap
ReadinessofFinancialServicesIndustry
3
Definition&Rationalization
GreenEconomy SustainableFinance
INDONESIA
Green Economy is an economic developmentmodel based on ecological economic andgreen economic which aims to answer theinterdependence between human economiesand ecosystems. Green Economy also aims toanswer the negative impact of economicactivities on climate change and globalwarming.
Sustainable finance in Indonesia is defined ascomprehensive support from the financialservice industry to achieve sustainabledevelopment resulted from a harmoniousrelationship between economic, social andenvironmental interests*
* Indonesia Sustainable Finance Roadmap 2015-2024
OJK’s policy on sustainable finance bringfinancial institution to the next level, becomesmore responsible and contributive to economicdevelopment with longterm vision.
Definition Definition
Rationalization
ObjectiveoftheDevelopmentOf TheRoadmapOnSustainableFinance
Objective of the RoadmapThis roadmap sets forth the detailed work plan on the sustainable finance program (2015-2024) forthe financial service industry as governed under the authority of OJK, namely the Banking, capitalmarket and Non Bank Financial Service Industry (IKNB) sectors. This roadmap on sustainable financeas part of theMaster Plan for Indonesia’s Financial Service Sector (MPSJKI) 2015-2019.
Specify the measures and recommendations that need to be adopted in the form of an integratedwork plan involving all financial service institutions. This work plan may be revised and adjustedperiodically as deemed necessary.
Sustainable finance comprised of the following dimensions:1. Achieveindustry, socialandeconomicsuperiority inorder toaddressthethreatsofglobalwarmingand
mitigateotherenvironmentalandsocialissues;2. Aimstoencouragetheshiftingof thetargettowardsacompetitivelowcarboneconomy;3. Strategicallypromoting environmentally friendly investmentinvariousbusiness/economicsectors;and4. Supporting theprinciplesofdevelopment inIndonesiaasstatedintheRPJM,namelythe4P(pro-growth,
pro-jobs,pro-poor, andpro-environment).
4
5
Increasesupplyofsustainablefinancingtostrengthen
competitivenessofnationalfinancialserviceindustry
Increaseoversightandcoordinationofsustainablefinance
implementation
Increasedemandofenvironmentallyfriendlyfinancing
products
Throughthestrengtheningofriskmanagement,corporategovernanceinenvironmentalandsocialaspects,aswellastheaccelerationoftheimplementationoftheEnvironmentalLaw
Throughpublicawarenessandeducationongreeninvestmentandgreenfinancing
ThroughprovisionofincentivestoFSItoincreasegreenproductsportfolio,encourageinnovation,increasecompetency,informationsharingandincreaseaccesstoglobalpublicfund
Strategic GoalsandActivitiestoImplementSustainableFinance
StrategicGoals StrategicActivities
SUSTAINABLEFINANCEROADMAPACHIEVEMENTS2015-2016
1. GreenLendingModels(renewableenergy,energyefficiency,greenbuildingprojects,andorganicagriculture),ESGguidelinesforselectedindustry(palmoil),understandingenvironmentalimpactassessmentdocumentforFinancialInstitutions.
2. RaisingawarenessPrograms:Seminars,FocusGroupDiscussions,SBN4thannualmeeting.
3. Capacitybuildingprograms:TrainingEnvironmentalandSocialRisksforFinancialInstitution andFissupervisors(basicandintermediatelevel,ToT).(2015-2016about600officers);handoverTrainingModuleonSustainableFinancetosomeuniversitiesandtraininginstitutions.
4. ProvidinganintegratedinformationinSustainableFinanceInformationHub(web-based)
5. Policycoordinationwithgovernments,Internationalagencies,NGOs,andotherstakeholders.
6. IndustryparticipationsthroughaPilotProject“IndonesiaFirstMoversonSustainableBanking”.Itsfollowedby8banks(stateownedbank,regionalbank,privateownedbankandIslamicbank)
7. JointresearchprogramonSustainableFinancewithsomeuniversitiesandinternationalorganizations(projectbasedfinancingforgreeninfrastructure,greenbond)
8. DraftofOJKRegulationonSustainableFinance9. InternationalFora:G-20GFSG,SBN,ASEANSustainableCapitalMarket.
SUSTAINABLEFINANCEROADMAPPROGRAMS2017-2019
1. OJKRegulationofSustainableFinance,GreenCreditGuidelines,GreenBondGuidelines, GreenInsuranceGuidelines,SustainabilityReport.
2. Capacitybuildingprograms:TrainingEnvironmentalandSocialRisksforFinancial InstitutionandFissupervisors(basicandintermediatelevel,ToT),BaliSustainableFinanceCenter.
3. Policycoordinationwithgovernments,Internationalagencies,NGOs,andotherstakeholders.
4. IndustryparticipationsthroughaPilotProject“IndonesiaSecondMoversonSustainableFinance”.ItswillfollowedbybankandnonbankFIs.
5. JointresearchprogramonSustainableFinancewithsomeuniversitiesandinternationalorganizations(projectbasedfinancingforgreeninfrastructure,greenbond,greeninsurance,etc)
6. InternationalFora:G-20GFSG,SBN,ASEANSustainableCapitalMarket,ASEANForumonSF
7. Baseline Surveyimplementation ofSustainableFinanceRoadmap
STOCK-TAKING– SBN-IFCPRESENTEDININPUTPAPERTOG20GREENFINANCESTUDYGROUP(GFSG)INJUNE,2016
8• BasedonIFC/SBNInputPapertoG20GreenFinanceStudyGroup
description Bangladesh Brazil China Colombia Indonesia Kenya Mexico Mongolia Nigeria Peru Turkey Vietnam
Environmental X X X X X X X X X X X XSocial X X X X X X X X X X X XRiskManagement X X X X X X X X X X X XLoanOrgination X X X X X X X X X X XPolicy-Led(Regulatoryguideline) X X X X X
Industri-led(Policyandindustry-led X X X X X X
Blended(PolicyandIndustry-led) X X
ScopeBanking X X X X X X X X X X X XExpandingtowiderfinancialsector X X X X
Awarenessraising/consultation X X X X X X X X X X X X
Nationalsustainabledevelopmentroadmap X X X X X X X X X X X X
Sector-specificguidelinesorchecklists X X X X X X X X X
Inter-agencycollaboration X X X X X X X X X XCapacitybuildingofregulator X X X X X X X X XCapacitybuildingofFis X X X X X X X X X X X XDisclosurerequirementforFis X X X X X X X X X X X XSupervisonby regulator X X X X X X XMonitoring&evaluation X X X X X X X X XMarketincentiveongreenlending X X X X X
Award X X X
ThankYou
disclaimer:thispresentationisnotanofficialpresentation,forseminarpurposeonly.