Proactive Before 2028 Regulation, IIF Strengthens Infrastructure Defences Against Climate Risks

Amid the increasingly evident threats of global climate change, the infrastructure sector stands as one of the most vulnerable yet crucial fronts. Recognising this, PT Indonesia Infrastructure Finance (IIF) is taking progressive steps by tightening climate risk governance as the primary foundation for financing strategic projects across the country. This strategic initiative was reaffirmed at the Climate Risk Forum and Workshop initiated by the Climate Policy Initiative (CPI) in Jakarta on Wednesday (22/4/2026). The forum served as a meeting point for financial industry players, project developers, and researchers to dissect how climate risk mitigation is no longer merely an option but a necessity in business operations. Not Just Business, But National Resilience Presiden Direktur & CEO of IIF, Rizki Pribadi Hasan, stated that climate risk management is the “breath” for the sustainability of long-term investments. According to him, IIF’s role as a catalyst for development demands standards higher than mere financial feasibility. “Every rupiah we disburse must be ensured to withstand increasingly extreme climate scenarios. We are responsible for ensuring that the projects we finance are not only economically beneficial but also resilient and sustainable,” Rizki emphasised in his official statement on Tuesday (28/4/2026). The results of this assessment are then reported periodically to the Risk Management Committee to ensure that mitigation efforts stay on the right track. Comprehensive Integration and Early Mitigation In line with this, IIF’s Chief Risk Officer, Lestari Umardin, explained that the integration of climate risks has entered the heart of the company’s investment decision-making process. IIF no longer views climate risks as an administrative addendum but as a tool for identifying physical threats (such as natural disasters) as well as transition risks (policy and market changes).