Indonesia Stock Exchange (IDX) has become the first Exchange in Southeast Asia to join Climate Bonds Initiative Partner Program. IDX is the sixth exchange to partner with Climate Bonds in a diverse grouping that includes London Stock Exchange, Luxembourg Green Exchange, Deutsche Börse, Bolsa Mexicana and Nasdaq Nordics.

IDX now is part of of a leading group of exchanges who are committed to playing a greater role in the development of global and national green finance, with a particular focus on green bonds – which reached a record of US$155.5 billion issuance in 2017, up 78% on 2016 figure of US$87.2 billion.

Sean Kidney, CEO Climate Bonds Initiative and Tito Sulisto, President IDX sealed the new partnership in Jakarta on Feb, 5, jointly hosting a round-table discussion for prospective Indonesian green bond issuers, the Climate Bond Initiative said in a statement.