TY - JOUR
T1 - Ensuring Environmental Sustainability of Infrastructure Projects
T2 - 3rd International Symposium of Earth, Energy, Environmental Science, and Sustainable Development
AU - Kusmayadi, Alti
AU - Koestoer, Raldi Hendro
N1 - Publisher Copyright:
© Published under licence by IOP Publishing Ltd.
PY - 2022
Y1 - 2022
N2 - Infrastructure is crucial to the development process and is intimately related to productivity, economic growth, and well-being. Infrastructure also plays a vital role in environmental contamination and degradation which leads to high financial cost to recover. This article aims to highlight how a green bond is a potential tool to be used as an alternative source of financing for infrastructure development which can also ensure environmental sustainability in Indonesia. Using a literature review from various available sources, green bond positively impacts environmental sustainability. Indonesia is on the right track in directing future development to maintain the balance between economic growth and environmental sustainability. The green bond ecosystem also has been established to support the growing market. The green bond is a promising financing tool in Indonesia due to its attention to the environmental aspect, the established framework and regulation, and its opportunity to finance potential green projects available in Indonesia.
AB - Infrastructure is crucial to the development process and is intimately related to productivity, economic growth, and well-being. Infrastructure also plays a vital role in environmental contamination and degradation which leads to high financial cost to recover. This article aims to highlight how a green bond is a potential tool to be used as an alternative source of financing for infrastructure development which can also ensure environmental sustainability in Indonesia. Using a literature review from various available sources, green bond positively impacts environmental sustainability. Indonesia is on the right track in directing future development to maintain the balance between economic growth and environmental sustainability. The green bond ecosystem also has been established to support the growing market. The green bond is a promising financing tool in Indonesia due to its attention to the environmental aspect, the established framework and regulation, and its opportunity to finance potential green projects available in Indonesia.
UR - http://www.scopus.com/inward/record.url?scp=85146534706&partnerID=8YFLogxK
U2 - 10.1088/1755-1315/1111/1/012014
DO - 10.1088/1755-1315/1111/1/012014
M3 - Conference article
AN - SCOPUS:85146534706
SN - 1755-1307
VL - 1111
JO - IOP Conference Series: Earth and Environmental Science
JF - IOP Conference Series: Earth and Environmental Science
IS - 1
M1 - 012014
Y2 - 27 August 2022 through 28 August 2022
ER -