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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments, Fund Profile/New Launches

Indonesia to kick off $1 billion green investment fund

Posted on 27 January 2010

From Calgaryherald.com: Indonesia plans a $1 billion U.S. green investment fund this year to drive infrastructure developments that aid growth and help cut greenhouse gas emissions, a finance ministry official said on Tuesday.

Indonesia has promised to slash its emissions by at least 26 percent from business as usual levels by 2020 but recently re-elected President Susilo Bambang Yudhoyono has also vowed to boost economic growth to 7 percent or more by 2014………………….Full Article: Source

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