Signing of the MoU and NDA between PT SMI and Climate Bonds Initiative

Indonesia has a large enough target in an effort to meet global goals related to climate change control. To fulfill this, PT SMI collaborates with Climate Bonds Initiative in order to support the sustainability of environmentally sound infrastructure in Indonesia. This commitment to cooperation was demonstrated through the signing of a Cooperation Memorandum of Understanding (MoU) and Confidentiality Agreement (NDA), which was carried out in a circular manner by the President Director of PT SMI - Edwin Syahruzad and Deputy CEO & CBI Director of Market Development - Justine Leigh-Bell (24/11). The synergy between PT SMI and CBI is carried out with the aim of; (1) Increase investor interest in Green Bonds, (2) Provide capacity building for prospective Green Bond issuers, and (3) Encourage the development of Green Bonds in Indonesia. This collaborative step is expected to be a form of support for the infrastructure investment sector, especially environmentally sound development in Indonesia.