Challenges and Opportunities in ESG Investments

Vodenska, Irena; Trajanov, Risto; Chitkushev, Lou; Trajanov, Dimitar

doi:10.1007/978-3-031-17292-2_14

Cited by 1 publication

(2 citation statements)

References 11 publications

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“…Today, as sustainability awareness and the 2030 Agenda for Sustainability are being developed, investors, regulators and other stakeholders are increasingly demanding that companies report on their performance using a variety of ESG metrics. Many require a common set of disclosures by all companies and standards to ensure that they are all measured in the same way [10]. Currently, ESG investing is mature enough to accelerate market change for the better.…”

Section: The Rise Of Esg Financingmentioning

confidence: 99%

“…Some other challenges and barriers include complex and unsynchronized ESG policies and regulations, ESG risks allocation are not clearly and fairly defined for both parties, and not all stakeholders are consulted, yet each will bring a different perspective on the impact of the project. ESG implementation, particularly in PPP, requires human resources with specific competence and experience, especially on the GCA's side to be able to implement ESG standards in the process of preparation and IBE in implementing and reporting on project execution [10]. Another survey by IBCSD in 2021 shows that ESG Index in Indonesia was ranked 36 of 47 capital markets in the world.…”

Section: Challenges and Opportunities Of Esg Implementation In Pppmentioning

confidence: 99%

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Accelerating Indonesia Sustainable Infrastructure Development through ESG Initiatives in PPP Ecosystem

Pambudi,

Dayana,

Alfirman

et al. 2023

IOP Conf. Ser.: Earth Environ. Sci.

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The Government of Indonesia committed to implement the Sustainable Development Goals (SDGs) aim to end poverty, inequality, and mitigate climate change. The submission of an Enhanced Nationally Defined Contribution (ENDC) to UNFCC strengthens Indonesia’s commitment in a low-carbon and climate-resilient economy development. The Minister of Finance has launched an ESG Framework to mainstreaming ESG through government support and facilities on infrastructure financing, in which IIGF (Indonesia Infrastructure Guarantee Fund) has a significant role in providing sovereign guarantee for Public-Private Partnership (PPP). Qualitative approach was used to examine the benefit of ESG and additional value of IIGF’s ESG integrated guarantee to support the acceleration of the Indonesia’s sustainable infrastructure development. This paper concludes that in addition to de-risking instrument, the guarantee will bring additional value in ensuring a fair ESG risk allocation, project structuring and long-term risk management and monitoring. This will allow privates to access green and sustainable financing. The challenges mainly on capacity building and alignment of policy and standards among stakeholders. However, IIGF has opportunity to link with stakeholders and build collaboration to fill gaps and connecting to suitable market. This paper, however, report initial findings of the ongoing comprehensive studies as part of IIGF ESG initiative roadmap.

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Section: The Rise Of Esg Financingmentioning

confidence: 99%

Section: Challenges and Opportunities Of Esg Implementation In Pppmentioning

confidence: 99%