Ensuring Environmental Sustainability of Infrastructure Projects: A Perspective Review in A Case of Indonesia

Alti Kusmayadi, Raldi Hendro Koestoer

Research output: Contribution to journalConference articlepeer-review

Abstract

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.

Original languageEnglish
Article number012014
JournalIOP Conference Series: Earth and Environmental Science
Volume1111
Issue number1
DOIs
Publication statusPublished - 2022
Event3rd International Symposium of Earth, Energy, Environmental Science, and Sustainable Development - Depok, Indonesia
Duration: 27 Aug 202228 Aug 2022

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