{"id":164291,"date":"2022-02-17T14:07:39","date_gmt":"2022-02-17T06:07:39","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=164291"},"modified":"2022-02-17T14:07:39","modified_gmt":"2022-02-17T06:07:39","slug":"adb-approves-us150-mln-loan-for-indonesias-green-infrastructure","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=164291","title":{"rendered":"ADB approves US$150 mln loan for Indonesia&#8217;s green infrastructure"},"content":{"rendered":"\n<p>By Mohd Iswandi Kasan Anuar<\/p>\n\n\n\n<p>JAKARTA, Feb 17 (NNN-Bernama) &#8212; The Asian Development Bank (ADB) has approved a US$150 million loan to support Indonesia\u2019s green infrastructure projects in order to help the country reach the United Nations&#8217; Sustainable Development Goals (SDGs).<\/p>\n\n\n\n<p>\u201cIt will boost the development of sustainable infrastructure and accelerate the country\u2019s recovery from the Covid-19 pandemic by bringing in capital and creating jobs,\u201d head of ADB\u2019s Green and Innovative Finance for Southeast Asia, Anouj Mehta said in a statement on Wednesday.<\/p>\n\n\n\n<p>The loan under the SDGs Indonesia One-Green Finance Facility, the first of its kind in Southeast Asia, will finance 10 projects, which 70 per cent allocated to green infrastructure and the rest for the SDGs.<\/p>\n\n\n\n<p>The loan to the Indonesian government will be re-lent to PT Sarana Multi Infrastruktur, or PT SMI, a state-owned infrastructure financing institution, which will administer the facility.<\/p>\n\n\n\n<p>ADB also approved technical assistance to help strengthen PT SMI\u2019s ability to implement the facility and eventually broaden the firm\u2019s services to support other borrowers and catalyse private funding.<\/p>\n\n\n\n<p>The technical assistance is funded with US$1.2 million from Australia\u2019s Department of Foreign Affairs and Trade and US$375,000 from Luxembourg\u2019s Financial Sector Development Partnership Special Fund.<\/p>\n\n\n\n<p>&#8212; NNN-BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Mohd Iswandi Kasan Anuar JAKARTA, Feb 17 (NNN-Bernama) &#8212; The Asian Development Bank (ADB) has approved a US$150 million loan to support Indonesia\u2019s green infrastructure projects in order to help the country reach the United Nations&#8217; Sustainable Development Goals (SDGs). \u201cIt will boost the development of sustainable infrastructure and accelerate the country\u2019s recovery from [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":145370,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/164291"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=164291"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/164291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/145370"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=164291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=164291"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=164291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}