{
    "success": true,
    "data": {
        "id": 2015422,
        "msgid": "ojk-urges-banks-to-strengthen-financing-to-combat-climate-change-1790927592",
        "date": "2026-10-02 14:05:07",
        "title": "OJK Urges Banks to Strengthen Financing to Combat Climate Change",
        "author": "",
        "source": "DETIK_BALI",
        "tags": "",
        "topic": "Finance",
        "summary": "The Financial Services Authority (OJK) is calling on the banking sector to bolster sustainable finance to mitigate the risks posed by climate change. This initiative is a key priority within the 2026-2030 Roadmap for the Development and Strengthening of Indonesian Banking.",
        "content": "<p>The Financial Services Authority (OJK) is encouraging the banking\nsector to strengthen sustainable financing to face the risks of climate\nchange. This has become one of the priorities in the Roadmap for the\nDevelopment and Strengthening of Indonesian Banking (RP3I) 2026-2030,\nwhich was discussed in Kuta, Badung, on Friday (2\/10\/2026).<\/p>\n<p>OJK Executive Head of Banking Supervision, Dian Ediana Rae, stated\nthat various natural disasters occurring in Sumatra, East Nusa Tenggara\n(NTT), as well as in several countries such as Nepal and Thailand,\ndemonstrate that climate change issues require serious attention.<\/p>\n<p>\u201cThis shows that our natural issues, these climate issues, have\nbecome extremely dangerous. From my perspective, this represents a\ncritical point,\u201d she said on Friday (2\/11\/2026).<\/p>\n<p>Dian noted that to address these issues, OJK is promoting sustainable\nfinance. According to her, the banking sector plays a vital role in\ndriving such financing.<\/p>\n<p>\u201cTherefore, we need to continue promoting sustainable finance, not\nmerely as a means of complying with regulations, but as an integral part\nof business strategy and risk management,\u201d she said.<\/p>\n<p>Dian explained that the financial sector, particularly banking, is\nthe largest source of financing in Indonesia, accounting for\napproximately 80%. Consequently, the higher the level of sustainable\nfinancing distributed by banks, the greater the support for\nenvironmental mitigation efforts.<\/p>\n<p>\u201cIf banks can develop high awareness regarding sustainable finance,\nsuch as new and renewable energy, it will certainly assist in improving\nthe environmental conditions we currently face,\u201d she explained.<\/p>\n<p>Furthermore, Dian added that bank financing is also necessary to\nsupport the transition costs from fossil-based energy to more\nsustainable energy sources.<\/p>\n<p>\u201cFor example, how we must switch from relying on coal to other forms\nof energy, such as renewable energy, and so on,\u201d she added.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ojk-urges-banks-to-strengthen-financing-to-combat-climate-change-1790927592",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}