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THE WORLD BANK GROUP has floated a tender for Review on OJK Sustainable Taxonomy 2024. The project location is Indonesia and the tender is closing on 15 Apr 2024. The tender notice number is 0002007432, while the TOT Ref Number is 99840309. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country : Indonesia
Summary : Review on OJK Sustainable Taxonomy 2024
Deadline : 15 Apr 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 99840309
Document Ref. No. : 0002007432
Competition : ICB
Financier : World Bank (WB)
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
Expression of Interest are invited for Review on OJK Sustainable Taxonomy 2024.
Description: Specifically, Indonesia has taken steps towards the development of sustainable finance. The first phase of the Sustainable Finance Roadmap for the 2015-2019 period was launched by the OJK (Financial Services Authority). As part of this roadmap, the OJK issued regulations concerning sustainable finance for financial services institutions, issuers, and public companies (POJK 51/2017), as well as regulations on green bonds (OJK Regulation No.60/2017) in the same year. Additionally, the Government passed Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (UU P2SK), which mandates the Ministry of Finance, OJK, and BI (Bank Indonesia) to support sustainable finance and coordinate in the formulation of sustainable finance policies and programs. This includes the preparation of a sustainable taxonomy, which will be regulated by Government Regulations.
The consulting firm will be required to conduct benchmarks to identify and learn from the best practices in other countries regarding the development process and reference for taxonomy documents. This will involve studying the experiences of other countries that have successfully implemented sustainable taxonomies and using them as a reference for Indonesia Taxonomy for Sustainable Finance (TKBI) development.
Publication Date: 4/8/2024 12:00 AM EDT
EOI Deadline: 4/15/2024 11:59 PM EDT
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