PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

606814

Primary Business Area

Environment, Social and Governance

Disclosure Date

Jun 29, 2023

Country

Indonesia

Region

East Asia and the Pacific

IFC Approval Date

May 26, 2022

Status

Active

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Jul 4, 2023

Project Estimated Start Date

Jun 1, 2022

Project Estimated End Date

Dec 31, 2026

Project Description

The overall goal of the Program is to reduce ESG bottlenecks and facilitate sustainable investment in the Indonesian financial sector through working with regulatory government, financial institutions and training partners. There will be three components: Component 1: Strengthened regulatory and enabling environment to advance ESG standards and good practices by the financial sector and the capital market. Component 2: Improved ESG performance of Financial Institutions. Component 3: Build capacity of local market intermediaries to deliver ESG services.

Development Results

E&S Risks / Impacts and Mitigation