Jakarta, 14 June 2023 – PT Indonesia Infrastructure Finance (“IIF”) participated in a seminar held by Training and Education Center of Ministry of Finance of Republic of Indonesia, regarding opportunities and challenges in financing, based on Environmental, Social and Governance (“ESG”). The seminar was held on Wednesday, 14 June 2023, in BKF hall, R.M Notohamiprodjo Building, Ministry of Finance of Republic of Indonesia. This seminar is an effort to support green economy implementation regarding climate change in Indonesia with the theme, Green and Sustainable Finance – Human Capital Development and Literacy Series.

The form of the seminar was a panel discussion, by inviting economic expert, Chatib Basri, who served as a Minister of Finance of Republic Indonesia during 2013-2014, Heru Rahadian,  Assistant Director of Macro Policy and Prudential Department of Bank Indonesia, regulator and Reynaldi Hermansjah, President Director of IIF, as ESG financer.

For more than 13 years, IIF has been known as a non-bank finance institution with expertise in ESG implementation. Apart from financing, IIF provides an advantage through the Advisory aspect in providing guidance to borrowers in implementing ESG principles throughout the project development process.

Chatib Basri as a practitioner and an economic observer started the presentation, “If that happens (increasing global warming) then the need for financing will be much greater. In a country like Indonesia, we have very large exposure to this issue,” These issues indirectly influence stakeholders in pushing for the infrastructure development process by prioritizing ESG issues, especially the environment.

Furthermore, Reynaldi Hermansjah as President Director of IIF responded, “We have qualified resources in the form of Social and Environment Unit which contains expertise in the ESG field, especially the environment,” that a cultural transformation is needed in an institution involved in ESG financing.

The importance of ESG considerations in sustainable capital investments is stressed, as integrating ESG principles allows investors to achieve long-term financial results while contributing to sustainable development goals. IIF commits to supporting ESG principles in all of its funded projects, aiming to promote sustainable economic growth and high-quality infrastructure development.

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 January 15, 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
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061
[email protected]