BI And IKBI Have Facilitated Green Financing Of IDR 96 Billion For MSMEs

JAKARTA - Bank Indonesia (BI) together with Indonesia's Sustainable Financial Initiative (IKBI) noted that during the period May to June 2025, it had facilitated financing business matching activities for green MSMEs with a green financing commitment value of IDR 96 billion.

BI Senior Deputy Governor Destry Damayanti explained, this initiative is a collaborative forum involving 15 banks, the World Wildlife Fund (WWF) and PT. Multi Infrastructure Facilities that carry the same vision to encourage the implementation of sustainable finance in Indonesia.

He conveyed that the piloting program also classifies the financing disbursed to green MSMEs worth IDR 29.3 trillion, both green MSMEs directly and supply chains. Including through the issuance of green bonds.

"In addition, BI's business matching together with 14 Ministries/Institutions and 10 financial institutions have brought together 394 MSMEs with financing parties and resulted in financing commitments worth more than Rp300 billion from February to June 2025," Destry said in a written statement, quoted on Sunday, August 10.

On the same occasion, BI Deputy Governor Juda Agung said that green jobs are also a key element in a sustainable economy.

According to him, Green jobs are not just a source of employment, but also a driving force for structural transformation opens up opportunities with clean technology and sustainable resource management, and low-carbon industrialization.

He added that MSMEs are the backbone of the Indonesian economy. If you want an inclusive green transition that has a broad impact, MSMEs must be the main actors.

"For that, we need to strengthen its supporting ecosystem, namely green access to financing with a scheme that is friendly to micro-enterprises, and a strategic partnership so that green MSMEs can enter the supply chain of large industries, including exports," he said.

To encourage a green transition in terms of macroprudential policies within the framework of Macroprudential Liquidity Incentive Policy (KLM), Bank Indonesia has set liquidity incentives of up to 0.5 percent of the DPK for banks that distribute green financing.

Bank Indonesia has also relaxed its Macroprudential Inclusive Financing Ratio Policy (RPIM) to encourage financial institutions to channel financing to the green sector.

To assist the business world, including MSME players in the green transition, Bank Indonesia has also provided Guidelines for the Green MSME Business Model and Green Calculators as a tool to calculate carbon emissions, providing assistance. As well as strengthening the green financial market through the purchase of Green State Sukuk and the issuance of Inclusive BI Sukuk with underlying 100 percent in the form of Green Country Sukuk.

For the community, green financing opens access to environmentally friendly financial products and services, such as green home loans, electric vehicles, to circular economic-based business financing.

Bank Indonesia noted that until July 1, 2025, the green financing that had been channeled by banks reached IDR 33.7 trillion for green housing and electric vehicles.

Green financing also contributes to the quality of the environment and health, creates new jobs and increases the economic resilience of the community in the long term.