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Green Financing on the Rise

Monday, November 21, 2022

Commitments to green financing are pouring in from developed countries. At the G20 Summit, Indonesia received many of such commitments. The green economy continues to flourish despite potentially looming debt.

arsip tempo : 173220745669.

Green financing illustration. Illustration by Imam Yunianto . tempo : 173220745669.

IT was in Nusa Dua, Bali, that the G20 Summit re-kindled an age-old hope: financing for energy transition. At the G20, the Asian Development Bank (ADB) agreed to provide aid for Indonesia’s energy transition through the country platform energy transition mechanism (ETM)—a type of green financing that will help the green economy movement thrive.

“After the G20, the energy transition journey will begin and we have much to do,&rdq

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