Green Financing : One Effort Achieving Sustainable Development

  • Fia Dialysa Sulaksana Sekolah Tinggi Ilmu Ekonomi Ekuitas
Keywords: Green financing, Sustainable development


The scope of the economy is to increase revenue and minimize costs, social, namely the welfare of employees, fair trade/business, and participation in charity programs. Green financing encourages the formation of a green industry; stimulates the development of technological innovations through the creation of clean, energy-efficient, and radiation-free environmental technologies; and creates new business growth in the financial industry through the establishment of financial instruments, such as green loans, green bonds, green investments, green funds, and various other financial business opportunities. The purpose of this study is to determine (1) the concept of green financing and sustainable development (2) the dimensions of green financing and (3) the efforts that must be made so that green financing is implemented optimally.  The method used is descriptive qualitative. The results of the research are (1) there are 3 (three) concepts of green finance: greening the banking system, greening the bond market, greening institutional investors (2) the dimensions of green financing are achieving industrial, social, and economic excellence; (3) efforts that must be made so that the application of green financing in sustainable development can be further enhanced namely increasing government participation, support and regulation.


Afrizal. (2017). Metode Penelitian Kualitatif:Sebuah Upaya Mendukung Penggunaan Penelitian Kualitatif

Dalam Berbagai Disiplin Ilmu. 1st ed. Depok: Rajawali Pers.

Alisjahbana. (2018). Sustainable Development Goals in Indonesia: Vol. III (Issue 2).

Bank Indonesia. (2021).

Huckle, J., & Wals, AEJ (2015). The UN Decade of Education for Sustainable Development: business as

usual in the end. Environmental Education Research, 21 (3), 491–505.

Höhne‚ N. (2012) . Greenhouse Gas Emission Reduction Proposals and National Climate Policies of Major

Economies. PBL Netherlands Environmental Assessment Agency. Bilthoven.

Muafi, & Uyun, Q. (2021). The effect of green hrm on business sustainability with the mediation role of

pro-environmental behavior. Quality - Access to Success, 22 (183), 163–170.

Otoritas Jasa Keuangan. (2021). Roadmap Keuangan Berkelanjutan Tahap II di Indonesia (2021 – 2025).

OJK. Jakarta.

Puspitasari, I. (2017). The Role of Green Investment in Improving Financial Performance. Journal of

Management and Business, Vol 13 (No. 1).

Ragheb, A., El-Shimy, H., & Ragheb, G. (2016). Green Architecture: A Concept of Sustainability. Procedia

- Social and Behavioral Sciences, 216, 778–787.Sugiyono. (2018). Quantitative, Qualitative and

R&D Research Methods. Bandung: Alphabet

SDGs (2015). Health - United Nations Sustainable Development. United Nations Sustainable

Development. development/health/

Sugiyono. (2018). Metode Penelitian Kombinasi (Mixed Methods). Bandung: CV Alfabeta.

Banking and Management Review 1603

Volz,U., Böhnke, J., Knierim, L., Richert, K., Röber, G.-M., Eidt, V. ( 2015 ). Financing the Green

Transformation-How to Make Green Finance Work in Indonesia. Palgrave Macmillan UK.

World Bank Group; International financial corporation performance standards and supporting guidance,

including the World Bank Group environmental, health and safety (EHS) guide lines and