Recently, The United Nations Development Programme (UNDP) Indonesia, the Indonesian Association of Sharia Fintech (AFSI), and the ITB School of Business and Management held the dissemination event of the feasibility study on Sustainability-linked Financing (SLF).
Sustainability-linked financing is a relatively recent financial instrument designed to unlock capital and enhance the borrower’s environmental, social, and governance (ESG) goals by incentivising the achievement of sustainability targets. The growth of this instrument is driven by the ever-increasing need to finance sustainable development initiatives and reduce the risks of economic instability.
