Researchers

Arif Ramadhan, M.M.

Researcher — Sustainable Investment

Green TaxonomyESGCapital Markets

Studies taxonomy-aligned issuance, ESG fund flows and transition plan credibility.

Arif Ramadhan researches how sustainable finance taxonomies translate — or fail to translate — into changed capital allocation by Indonesian institutional investors.

Education

2019

MM in Finance

Universitas Indonesia

Selected publications

012024

Policy Brief

Making the Green Taxonomy Bite: Implementation Gaps in Indonesian Banking

Arif Ramadhan & Siti Nurhaliza Amin

CCSF Policy Brief No. 9

022024

Journal Article

Does Labelled Issuance Change Allocation? Evidence from Indonesia's Sovereign Green Sukuk

Arif Ramadhan & Bayu Pranata

Journal of Sustainable Finance & Investment

Projects

All projects

Completed

Jakarta

Green Sukuk Impact Assessment

An independent assessment of whether Indonesia's sovereign green sukuk programme has changed real capital allocation or relabelled existing…

Funded byWorld Bank2023 – 2024