PROJECT DESCRIPTION
Despite sustained economic growth and rapid urbanisation, the lack of investment in infrastructure has had a strong impact on Indonesian growth over the past decade. The competitiveness of the archipelago is negatively impacted by inadequate infrastructure, especially transport and connectivity infrastructure, which affects businesses as well as urban and rural populations. Climate change could further impact the quality of Indonesia's infrastructure, with implications for growth, poverty reduction, foreign investment and the environment. While the country is one of the world's largest emitters of greenhouse gases (GHGs), Indonesia has committed to achieving carbon neutrality by 2060. To accelerate the implementation of this goal, the Ministry of Finance and PT SMI, a state-owned financial institution in charge of infrastructure development and an IDFC member since 2019, have launched the SDG Indonesia One Platform. This initiative, in which AFD is participating, aims to put in place the necessary tools to significantly increase the financing of projects that contribute to achieving the SDGs.
ADDITIONAL INFORMATION
For more information https//www.afd.fr/en/carte-des-projets/supporting-investment-renewable-energy-and-climate