Indonesia and GGGI Prepare to Mobilise US$2 Billion in Green Investment by 2030

The Indonesian government, via the Ministry of National Development Planning/Bappenas and the Global Green Growth Institute (GGGI), is preparing to mobilise US$2 billion in green investment by 2030 through the Green Indonesia Future Initiative (GIFT) partnership. Leonardo A. A. Teguh Sambodo, Deputy for Food, Natural Resources, and Environment at Bappenas, explained that GIFT reflects a commitment to ensuring that development interventions serve not only present interests but also the needs of future generations. He stated during a media briefing in Jakarta on Tuesday that the green economic transformation is a necessity rather than an option to ensure Indonesia’s growth remains sustainable and maintains public welfare. Bappenas has maintained a partnership with GGGI since 2014, realised through the Green Growth Program (GGP). The partnership’s contribution is measured by its realised outcomes, which are estimated to have supported a reduction in emissions equivalent to 183.54 million tonnes of CO2 and the creation of 271,095 green jobs. Furthermore, eco-friendly investments amounting to approximately US$776.5 billion have been mobilised across various sectors, ranging from energy and urban areas to social forestry and the blue economy. In the next phase, spanning 2026-2030, Bappenas and GGGI will launch the GIFT initiative, which is set to be officially inaugurated on 4 June 2026.