ResponsiBank Coalition released a list of banks that contribute in financing the fossil fuel industry in Indonesia. According to the research findings, during the past 10 years, from 2004 to 2014, total credit and guarantee for companies in renewable energy rose from $ 95 billion to $ 119 billion. However, this amount is far less than financing for fossil energy…
In the past decade, there has been an increase of total support of banks and financial for coal investment. Loans or guarantees for fossil fuel-based companies rose nearly tenfold compared to the value given for renewable energy investments (REI). Throughout 2004-2014, REI only received nearly US $ 120 billion while fossil energy had more than US $ 1,000 billion. The…
Human Development Index in Indonesia remains nowhere within the last three years. It was evident from the stagnant position in the Human Development Report 2015 issued by United Nations Development Programme (UNDP) on December 15. Indonesia’s position remains stagnant, ranks 110 of 188 countries. Researcher on social policy of Perkumpulan Prakarsa, Victoria Fanggidae, said the cause of Indonesia’s position in…
The latest report of the World Bank is projecting a handful of rich people in Indonesia do a good wealth accumulation of financial and physical assets through corrupt practices. It contributes to the widening inequality in the country. Therefore, the Indonesian Anti-Corruption Society (MAKI) urges the Corruption Eradication Commission (KPK) to prioritize allegations of corruption involving monopolistic business and conducted…
Indonesian banks have yet to include social sustainability and environment responsibility in their policies or to publicly explain how these two issues are taken into consideration when making their corporate decisions, a report has said. According to Responsibank Indonesia’s ranking guide report for 2015, only two of 12 banks, BNI and Danamon, in the survey apply sustainability principles such as…
Center for Welfare Studies executive director Ah Maftuchan recently challenged the data backing Finance Minister Sri Mulyani’s claim that Indonesia’s poverty line has fallen under 10 percent or 9.82 percent to be precise. Ah Maftuchan views that the data provided by the Central Statistics Agency (BPS) is severely one dimensional and only sees the issue of poverty from an economic…
On April 1, 2019, Perkumpulan Prakarsa was invited for a meeting by Susi Pudjiastuti, Minister of Maritime Affairs and Fisheries of the Republic of Indonesia. The meeting took place at Minister’s official residence to discuss about the results of a research conducted by Prakarsa on “Illicit Financial Flows on 6 Commodities: Coal, Palm Oil, Copper, Coffee, Rubber, and Crustacea” that…
Sanur, Bali | Tue, October 9, 2018 | 09:58 am The numerous infrastructure projects carried out by President Joko “Jokowi” Widodo’s administration in the past several years have not only improved connectivity between regions but also helped boost peoples’ pride, particularly those living in border areas, a senior government official has said. “The opening of access to several isolated villages and border…
President Joko Widodo (Jokowi) together with a number of civil social organizations addressed the issue of Sustainable Development Goals/SDGs at the Presidential Palace in Jakarta on Thursday. A number of civil social organizations were present, among others, the International NGO Forum Indonesian on Development (Infid), Indonesian Forum for Environment (WALHI), Indonesian Women’s Coalition, Perkumpulan Prakarsa and the Alliance of Independent…
President Joko “Jokowi” Widodo’s performance over the past year has drawn mixed responses across the nation. Some of his critics have expressed the hope that he will perform more effectively next year. The scholar Franz Magnis Suseno, who has often criticized Jokowi and his policies, especially the manner in which the President handled the standoff between the Corruption Eradication Commission…