COVID-19 disrupted economies, affected every aspect of everyone’s daily life and came along with the tragic reminder of the need to prepare for large-scale threats.
The current global crisis due to the pandemic, brought into focus other systemic vulnerabilities like climate change, biodiversity loss and gender inequality, among others, but on the brighter side, has also created an increased attention from investors from all over the world towards solutions in helping the recovery and a skyrocketing trend of green, social, responsible and sustainable investment has been developed.
Sustainable and responsible investing not only benefits investors with financial returns but also prioritizes optimal environmental, social, and governance (ESG) outcomes. The ESG criteria are already widely used by the private sector but it needs to be further expanded in order to increase finances for sustainable and inclusive development, to support closing the financial gap in the achievement of the 17 Sustainable Development Goals (SDGs) and as well the global economic recovery.
Indonesia, as an emerging market, is leading the way in leveraging innovative sustainable financing instruments (Green Sukuk, SDG bond, blended finance, impact fund, etc.) which can channel investments towards addressing the SDGs financing gap (which is $2.5 trillion per year (UNCTAD) and with the impact of the COVID-19 pandemic is estimated to increase by 70%).
The Government of Indonesia has committed to achieve the SDGs by 2030 while making a significant shift towards low carbon economic transformation as a national priority for COVID-19 recovery, while funds have been directed to investments in products with sustainable themes that are even more resilient in turbulent or crisis conditions.
Green infrastructure will create prosperity by increasing competitiveness, productivity and employment opportunities; will extend the reach, reliability, and efficiency of the national electricity grid, without creating air pollution; broaden the economic base and create new markets while also providing inclusion and connectivity across the Indonesian vast archipelago.
Expo 2020 Dubai being the world-largest event held offline since the beginning of the global pandemic and having 192 nations coming together to share stories and knowledge for growth and visions for a sustainable future, makes it the perfect international platform for the Ministry of National Development Planning/BAPPENAS in partnership with Indonesia Global Compact Network (IGCN) and with the support of the UN Global Compact and UN Development Programme (UNDP) to organize and hold the event “Accelerating Sustainable Investment: Opportunity in Indonesia”, during the UN Global Compact Annual Local Network Forum.
Agenda
Theme: Accelerating Sustainable Investment: Opportunity in Indonesia
Date : 30 March 2022
Time : 16.30 – 18.30 (GMT+4) or 19.30 – 21.30 WIB (GMT+7)
Registration: linktr.ee/IGCNPrograms
Note: Online/Zoom participation, please select link number (1), for Business participants from UAE, please select link number (2), and for GCO and LNs Colleague attending in-person, please select link number (3).
For business participants in Dubai, there will be transportation service to and from Dubai Expo 2020 as well as entry pass to Dubai Expo.
Time | Agenda |
16.30 – 16.45 | Guided Tour to Indonesia Pavilion: Indonesia “Past, Present, and Future” |
16.45 – 16.48 | Participants to be seated |
16.48 – 16.58 | Opening Dr. Ir. Himawan Hariyoga Secretary for the Indonesia Ministry of National Development Planning/for National Development Planning Agency (Bappenas) |
16.58 – 17.48 | Panel Discussion
Moderator: Risa E. Rustam, Chief Financial Officer and Chief Human Resources Officer, Indonesia Stock Exchange |
17.48 – 18.00 | Closing |
18.00 – 18.30 | Cultural Performance at Indonesia Pavilion |