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Jakarta Post

Sustainable development is the best investment

  • Emma Sri Martini and Rémy Rioux

Jakarta   /   Sat, October 20 2018   /  01:45 am

It is time to accelerate collective action if we want to achieve the goals of Agenda 2030. The latest Intergovernmental Panel on Climate Change (IPCC) special report on the impacts of global warming of 1.5 degrees Celsius has made it clear. First, a rapid transformation of our economies is absolutely essential if we want to avoid the direct consequences of climate change and engage in sustainable pathways. Second, it is still within our reach if we act now.

The Finance Ministry and state-owned PT Sarana Multi Infrastruktur (SMI) have shown Indonesia’s commitment with the successful launch of the “SDG Indonesia One” platform to accelerate the achievement of the Sustainable Development Goals (SDGs) in the country.

Today, development finance institutions (DFIs) and development banks are uniquely suited to meet the challenge. They played a major role in implementing the ...