Indonesia Targets US$2 Billion in Green Investment by 2030

JAKARTA, Jakartaweekly.com — The Indonesian government aims to mobilize US$2 billion (approximately Rp32.5 trillion) in green investment by 2030 through the Green Indonesia Future Initiative (GIFT), a partnership program launched jointly with the Global Green Growth Institute (GGGI).

The initiative is designed to accelerate the implementation of a green economy through stronger policy frameworks, project development, and expanded access to financing.

National Development Planning Minister and Head of the National Development Planning Agency (Bappenas), Rachmat Pambudy, said the green economy has become a key pillar of Indonesia’s economic transformation agenda toward the Golden Indonesia 2045 vision, while also supporting the country’s target of achieving Net Zero Emissions (NZE) by 2060 or sooner.

“The green economy is no longer merely an environmental agenda; it has become an anchor of national competitiveness. GIFT will serve as a dynamic bridge that translates vision into implementation and aligns national priorities with global green investment opportunities,” Rachmat said in Jakarta recently.

He noted that the green economy approach could help Indonesia achieve average annual economic growth of 6–7 percent, generate around 1.2 million green jobs each year through 2045, and reduce greenhouse gas emissions by up to 33 million tonnes of carbon dioxide equivalent.

Through GIFT, the government will prioritize the development of investment-ready projects, investment de-risking measures, and broader access to funding from private-sector investors and international partners, he said.

The program will focus on four priority sectors: green energy, sustainable terrestrial and marine landscapes, investment and financial markets, as well as green cities and industries.

Speaking at the same event, Indonesia’s sixth president, Susilo Bambang Yudhoyono, emphasized that sustainable development goals must be translated into concrete action.

“Hopefully, GIFT will become a meaningful gift for the people of Indonesia and the world. Saving the planet is not merely an option—it is a necessity. Therefore, it is time for us to move from commitment to action,” he said.

Meanwhile, GGGI Director-General Sang-Hyup Kim said the decade-long partnership between Indonesia and GGGI has successfully mobilized approximately US$800 million in green investment and reached 47 percent of Indonesia’s archipelagic territory.

He expressed hope that GIFT would build on these achievements through larger-scale investments, measurable implementation, and broader private-sector participation.