Bali, 24 May 2024 – PT Indonesia Infrastructure Finance (“IIF”) participated in the 10th World Water Forum (“WWF”) activities held in Bali on 18-25 May 2024, attended by more than 190 countries and bringing together participants from various levels and fields, including politics, multilateral institutions, academia, civil society, and the private sector. WWF itself aims to be a means of international meetings to discuss global water issues, in particular and outline world water management and sanitation policies.
On this occasion, IIF, represented by Reynaldi Hermansjah – President Director was invited as a speaker at two discussion sessions held on 23 – 24 May 2024. The first discussion session had the theme “Unlocking the Flow: Key Lessons in Sustainable Financing for Climate-Resilient Water Infrastructure in Indonesia”, IIF conveyed its important role in providing financing for water infrastructure development in Indonesia. In 2023, water and waste infrastructure will be one of IIF’s largest portfolios, with a focus on Drinking Water Supply Systems (SPAM) and Water Treatment Plants.
Through the Public-Private Partnership (PPP) scheme, IIF has facilitated access to clean water supply for more than 1.3 million households or 15.67% of the target population. IIF’s innovation in collaborating with Regional Drinking Water Companies (PDAM) and drinking water companies is a factor in the long-term success of the PPP initiative.
Furthermore, in the second discussion session with the theme “Redefining Wise Investment: Going Beyond Traditional Metrics with ESG-Based Financing for Water Infrastructure in Indonesia”, IIF spoke about the phenomenon of climate change which has had an impact on investment, especially in the air infrastructure sector in Indonesia. Therefore, the application of Environmental, Social and Governance (ESG) principles is becoming increasingly important, not only providing social and environmental benefits, but also economically in the long term. Reynaldi Hermansjah said, “IIF is committed to continuing to support the development of water infrastructure in Indonesia by implementing ESG principles and encouraging collaboration between the public and private sectors. Apart from that, IIF also prioritizes water infrastructure projects that are environmentally friendly and sustainable and ensures that these projects provide real benefits for the community.”
PT Indonesia Infrastructure Finance
PT Indonesia Infrastructure Finance (“IIF”) is a private non-bank financial institution, which is engaged in infrastructure financing and advisory services that are professionally managed and focused on commercially viable infrastructure projects. IIF was established on 15 January 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank Group, Asian Development Bank (ADB) and other multilateral institutions.
In its operations, IIF applies best practices based on international standards in providing credit, risk management, good corporate governance, and social and environmental protection standards to ensure the sustainability of infrastructure development in Indonesia.
Further Queries:
Nastantio W. Hadi
Head of Legal and Corporate Secretary Division
PT Indonesia Infrastructure Finance
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