Finance Minister Sri Mulyani Indrawati speaks during the ASEAN Finance Ministers and Central Bank Governors Meeting (AFMGM) in Jakarta on August 22, 2023. (Photo:antaranews.com)Jakarta (VNA) - Indonesia needs 200 billionUSD in investment to carry out sustainable development, the country’s FinanceMinister Sri Mulyani Indrawati stated at the ASEAN Finance Ministers andCentral Bank Governors Meeting (AFMGM) in Jakarta on August 22.
She emphasised that innovative and environmentallyfriendly development financing is important to transform the country's economy.
This has compelled the government to work diligently to utilise severalfinancing options to support sustainable development projects, Indrawati said.
She said that her ministry has implemented anumber of programmes to achieve sustainability, including offering fiscalincentives to attract investment in green projects and green industries.
The minister said that Indonesia is in the process of implementing regulations on carbontrading, which can serve as an instrument to reduce greenhouse gas emissions.
Indrawati also highlighted the importance of collaboration to increaseinnovation in housing and building construction to achieve energy efficiency,including limiting energy consumption while still paying attention to the needfor cooling and ventilation.
She also praised the 1 million house programme launchedby the Public Works and Public Housing (PUPR) Ministry with the green housingconcept.
Indrawati urged all stakeholders to collaborate in efforts to encouragesustainable development, for example, through a policy framework that can developrules and instruments to realise green housing finance in Indonesia./.
