Considered as the first green finance facility in Southeast Asia, SIO-GFF comprises four pillars focusing on commercial financing, concessional fund for derisking, equity fund, and project development. ADB is providing a 20-year financial intermediation loan worth $150 million that is intended to support SIO-GFF projects on green recovery and to achieve the SDGs. This undertaking stems from a memorandum of understanding that ADB and Indonesia’s Ministry of Finance signed in 2018.
Publication
Published 30 June 2022