Institute for Economic and Social Research – Faculty of Economics and Business – Universitas Indonesia

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Press Release: Task Force 5 T20 India 2023 Side Event, Framework to Enhance Financing Capacity and Incentivize Natural Assets Preservation

Monday July 3rd, 2023

BALI, 10 JUNE 2023. The T20 India, the Task Force 5 T20 India, the Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI) and the Centre for Strategic and International Studies (CSIS) Indonesia together hosted the Side Event of the T20 India titled “Building Bridges to Sustainable Finance: The Reform Agenda of International Financial Institutions” that was held on 8-10 June 2023. In parallel to the main purpose of the Side Event that is discussing the need for reforms and action plans to implement the reform, the Side Event developed a Policy Brief Dissemination: Framework to Enhance Financing Capacity and Incentivize Natural Assets Preservation as one of the agenda of the event. The objective of the dissemination was to discuss the importance of developing natural capital accounts to overcome urgent global challenges that are climate change, biodiversity loss, and inequality, and also to call for G20’s leadership in driving the transition towards its implementation.

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