KPR Hijau Masih Sepi, Sri Mulyani Puji Bank Yang Jadi Pionir

Minister of Finance Sri Mulyani Indrawati. (Photo: Doc. ANTARA)

Minister of Finance (Menkeu) Sri Mulyani revealed that the green home ownership credit (KPR) scheme still requires development efforts.

According to him, the provision of financing in accordance with environmental principles has the potential to develop.

Green mortgage (green mortgage) is one of the innovative financing options that is in line with environmental and sustainability issues. But green mortgages that encourage housing purchase and renovation programs that meet efficiency standards are still very new in Indonesia. Green mortgages do not yet have a large portion of overall financing," he said in the ASEAN Finance Ministers and Central Bank Governors Meeting (AFMGM) agenda series, Tuesday, August 22.

The Minister of Finance explained that several national banking business actors had taken the initiative to become the pioneer of green mortgages.

They try to collaborate with businesses that are aware of the environment and prioritize cooperation with housing developers who adopt the principle of sustainability. This is a good initiative, so we need to promote more," he said.

The state treasurer added that this collaboration targets financing channels through projects that are in line with green standards and principles.

"But another important aspect that is a challenge is the awareness between providers and customers that is still low," he said

The Minister of Finance also highlighted the lack of advocacy and education and communication efforts to the public.

"The green KPR concept still needs to be promoted and still not familiar with the community," he said.

On this occasion, the Minister of Finance explained that Indonesia needed an investment of 200 billion US dollars to support the construction of environmentally friendly buildings in the next 10 years.