Policy Direction and Regulation of Green Bonds in Indonesia

Indriastuty, Dwi Elok and Pujianto, Pujianto and Widiantoro, Antok (2020) Policy Direction and Regulation of Green Bonds in Indonesia. Journal of Law, Policy and Globalization, 101. pp. 20-24. ISSN 2224-3259

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Abstract

The sustainable development policy direction in Indonesia started with the Long-Term Development Plan (RPJP) for 2005-2025, which was then elaborated in the Law on Environmental Protection and Management. In the financial industry, the concept of sustainable development has been formulated in the Sustainable Finance Roadmap as a policy direction for sustainable development in the environmentally friendly financial sector. As a policy implementation, it has been regulated in the Financial Services Authority Regulation No. 60/POJK.04/2017 on the Issuance and the Terms of Green Bond. The FSA Regulation of Green Bond has referred to The International Capital Market Association (ICMA) in providing the guidelines for Green Bond Principles, which include four main components, Use of Proceeds, Process for Project Evaluation and Selection, Management of Proceeds, and Reporting.

Item Type: Article
Uncontrolled Keywords: Policy Direction, Sustainable Development, Green Bond.
Subjects: K Law > K Law (General)
Divisions: Jurnal
Depositing User: Mochamad Danny Rochman, A.Md. Lib., S.S.I.
Date Deposited: 01 Jul 2021 09:07
Last Modified: 22 Nov 2021 04:06
URI: http://eprints.uwp.ac.id/id/eprint/2989

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