Policy Brief

Making the Green Taxonomy Bite: Implementation Gaps in Indonesian Banking

Arif Ramadhan & Siti Nurhaliza Amin

2024CCSF Policy Brief No. 9Sustainable Investment

Abstract

Indonesia's green taxonomy provides a classification system but no binding consequence for misclassification. This brief identifies four implementation gaps — data availability, verification capacity, supervisory follow-through and disclosure comparability — and proposes a phased approach to closing them.