Ecobiz.asia — Indonesia and the Global Green Growth Institute (GGGI) have launched the Green Indonesia Future Initiative (GIFT), a strategic partnership targeting the mobilization of US$2 billion in green investment by 2030 to accelerate Indonesia’s transition toward a green economy.
The partnership will support green economic transformation across multiple sectors, including renewable energy, sustainable land and marine management, social forestry, green finance, and low-carbon urban development.
The initiative was launched by Indonesia’s Ministry of National Development Planning (Bappenas) and GGGI as part of efforts to strengthen green economy implementation through policy support, project development, and sustainable investment mobilization.
National Development Planning Minister and Bappenas Head Rachmat Pambudy said the transition toward a green economy is a key pillar of Indonesia’s vision to become a developed nation by 2045 while achieving net-zero emissions by 2060 or earlier.
“The green economy is no longer merely an environmental agenda, but a pillar of national competitiveness. GIFT will serve as a dynamic bridge that transforms vision into implementation while aligning national interests with global green investment opportunities,” Rachmat said during the launch of the GIFT program on Thursday (June 4, 2026).
According to Rachmat, Indonesia’s 2025–2029 National Medium-Term Development Plan (RPJMN) positions the green economy as a major driver of economic transformation aimed at supporting growth while reducing emissions.
Indonesia and GGGI have maintained a partnership for the past 12 years. During that period, policy interventions and investment pipeline development have reportedly contributed to emissions reductions equivalent to 183.54 million tons of CO2 and created approximately 271,095 green jobs.
The cooperation has also mobilized around US$776.5 million in green investment across sectors including energy, urban development, social forestry, and the blue economy.
GGGI Director-General Sang-Hyup Kim said Indonesia holds a strategic position in advancing green economic transformation in the region.
“GIFT represents a forward-looking and integrated approach to accelerate Indonesia’s green transformation, where policy, investment, and implementation come together to deliver measurable and sustainable impacts,” Sang-Hyup Kim said.
He added that the initiative builds on more than a decade of cooperation between Indonesia and GGGI, which has mobilized nearly US$800 million in green investment and reached 47 percent of Indonesia’s archipelagic territory.
The GIFT program for 2026–2030 will focus on developing bankable projects, reducing investment risks, and expanding access to financing from private sector investors and international partners.
Implementation will cover four main areas: green energy, sustainable terrestrial and marine landscapes, investment and financial markets, and green cities and industries. ***
