A government policy think tank has suggested that Indonesian banks should increase their investments in Environmental, Social, and Governance (ESG) sectors as a key entry point to accelerate the country’s renewable energy transition. Despite commitments to net-zero emissions, the latest ESG Outlook 2025 report by Policy+ highlights that major banks have only allocated a small fraction of their green portfolios to renewable energy projects. Policy+ is an Indonesian think tank that offers a wide range of advocacy tools to track, promote, and socialize key issues. Their services include developing think pieces, academic articles, roundtable discussions, and policy recommendations. The Policy+ report underscores the urgent need for Indonesian banks to increase ESG financing and align their investment portfolios with climate action goals. By prioritizing ESG investments and strengthening financial regulations, Indonesia’s banking sector has the potential to become a leader in sustainable finance and drive the country’s transition toward a greener and more resilient future.Source: https://indonesiabusinesspost.com/3684/society-environment-and-culture/banks-asked-to-prioritize-esg-investments-for-renewable-energy-financing (ICE GIACARTA)

Fonte notizia: Indonesia Business Post, 26/02/2025