Jakarta, INTI - The government is targeting the mobilization of US$2 billion in green investment by 2030 through the Green Indonesia Future Initiative (GIFT) 2026–2030 program to support the acceleration of green economic growth in Indonesia.
The program is a collaboration between the Ministry of National Development Planning/Bappenas (PPN/Bappenas) and the Global Green Growth Institute (GGGI). It will be launched on June 4, 2026. The targeted investment value is approximately double the total green investment mobilized during the previous phase of the collaboration.
Bappenas and GGGI 12-Year Collaboration
Nizhar Marizi, Director for Environment at the Ministry of PPN/Bappenas, stated that the government's collaboration with GGGI has been ongoing for 12 years and has contributed to various national development agendas.
"The collaboration that has been established with GGGI for the past 12 years has consistently contributed to our national development goals. To that end, GGGI works with ministries, provincial governments, and financial institutions to design conditions that support investment and encourage systemic change," Nizhar said in Jakarta on Tuesday, June 2, 2026.
Bappenas noted that various policy interventions and investment flows developed through this partnership are estimated to have supported emission reductions of 183.54 million tons of CO2 equivalent and created 271,095 green jobs.
Furthermore, this collaboration is said to have mobilized approximately US$776.5 million in green investment across various sectors, from energy and urban development to social forestry and the blue economy.
Through GIFT 2026–2030, the government seeks to increase the role of non-budgetary investments in supporting the sustainable development agenda, including through private sector involvement and various innovative financing schemes.
Indonesia’s Green Economy Development
Leonardo A.A. Teguh Sambodo, Deputy for Food Affairs, Natural Resources and the Environment at the Ministry of PPN/Bappenas, stated that this green investment target is part of efforts to accelerate the implementation of a green economy in national development.
"Green economic transformation is not an option, but rather a necessity to ensure Indonesia's development continues to grow while maintaining environmental sustainability and public welfare," he said.
GGGI Indonesia Country Representative Rowan Fraser said the new phase of the collaboration is also aimed at expanding access to financing for green projects deemed economically viable.
"Through GIFT 2026–2030, we are entering a phase that builds on the foundation we have already laid. GIFT aims to provide opportunities to increase Indonesia's climate ambition while minimizing investment risks and expanding access to financing for bankable and high-impact green initiatives," Rowan said.
Going forward, GIFT is also expected to support the creation of green jobs, strengthen energy security, promote a circular economy, and increase investment flows to various low-carbon development sectors.
Conclusion
The government, through a collaboration between the Ministry of National Development Planning/Bappenas and GGGI, will launch the Green Indonesia Future Initiative (GIFT) 2026–2030 program on June 4, 2026, with a target of mobilizing US$2 billion in green investment by 2030. This target is almost double the US$776.5 million in green investment mobilized in the previous phase of the partnership. Through GIFT, the government aims to expand the role of non-budgetary investment, the private sector, and innovative financing schemes to accelerate the implementation of a green economy in national development.
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