It looks like the G20 might agree a deal next week that speeds the climate transition …or perhaps G20 minus Russia?
Unedited: As part of the Indonesia’s G20 Presidency series, today on Saturday, 12 November 2022 in Bali, the Minister of Finance of Indonesia launched the Environmental, Social, and Governance (ESG) Framework and Manual for government support and facilities in infrastructure financing. This initiative is the first ESG policy established by the Ministry of Finance in infrastructure financing. The implementation of the ESG is a concrete deliverable of the infrastructure agenda of the Indonesian Presidency related to sustainable infrastructure and Quality Infrastructure Investments. This initiative marks the first ESG implementation policy set by the Ministry of Finance in infrastructure financing. The event was also attended by the United Nations Development Programme (UNDP), development partners including Government of Canada, State Owned Enterprises under the Ministry of Finance, and the private sector. The event was organized by the Ministry of Finance with the support from PT Indonesia Infrastructure (PT IIF).