ESG can help save budget for infrastructure development: minister – ANTARA News
The implementation of the environmental, social, and governance (ESG) framework in infrastructure projects would help save the state budget, Finance Minister Sri Mulyani Indrawati said here on Saturday. “By implementing ESG, we may draw more investment for project funding, which would make the state budget usage not as large as needed,” she explained. ESG is a global standard practice that prioritizes sustainability, specifically eco-friendliness, social benefits, and sound governance, including in investing and structure development, she informed. The development of an infrastructure project using ESG will make the project eco-friendly, beneficial, and well-managed, the minister said at the launch of the ESG framework and manual during the Joint Finance and Health Ministers’ Meeting (JFHMM).
Read the full article at: en.antaranews.com
