مجلة الإستراتيجية والتنمية
Volume 11, Numéro 3, Pages 519-536

Green Sukuk As A Funding Tool For Climate Change Projects - Indonesia As A Case Study-

Authors : Azaizia Sarra .

Abstract

The following study aims to investigate the value of Green Sukuk as a financing tool for climate change projects. These Sukuk provide the mobilization of appropriate funds to establish these projects. Green Sukuk help bridging the funding gap needed for these projects. Therefore, the Indonesian experiment was taken into consideration in this analysis, as it was the world’s first sovereign Green Sukuk. It aimed to provide the necessary funding to achieve its climate change agenda and thus achieve the sustainable development goals.

Keywords

Green Sukuk ; Islamic sukuk ; Islamic finance ; Climate change ; Sustainable development