DOI: https://doi.org/10.14710/dilrev.5.2.2020.215-230

GREEN LOAN BANKS POLICY TO PROVIDE ENVIRONMENT FRIENDLY PROJECT

*Tri Handayani  -  Faculty of Law, Universitas Padjadjaran, Indonesia
Lastuti Abubakar  -  Faculty of Law, Universitas Padjadjaran, Indonesia
C. Sukmadilaga  -  Faculty of Economics and Business, Universitas Padjadjaran, Indonesia
Open Access Copyright (c) 2020 Diponegoro Law Review under http://creativecommons.org/licenses/by-nc-sa/4.0.

Citation Format:
Abstract
Banks have an important role in realizing SDGs, therefore the Bank must continue to develop its products and services to be directed towards sustainable economic activities and not too exploring resources. Based on The Appendix of the President Decree No. 59/2017 the Indonesian government directed the global target of economies inclusive regarding the participation of the financial services sector. The Banks will support the priority economic sectors development such as agriculture, processing industries, and infrastructure, Micro, Small, Medium Enterprises and Energy. Banks can participate by using a green loan policy. This research is a normative legal research, which focuses on examining the application of the rules or norms in positive law. The result is the Banks play a key role in society, banks have purpose to help develop sustainable economies and to empower people to build better futures. When banks will give a credit to those who have a business that has a direct impact to the environment, bank also can be offer a position as a manager of environmental recovery guarantee funds. In other side, Banks can provide green development, in a process of giving credit to the debtor; banks need to pay attention to the business legality of prospective debtors. Banks are required to ensure that prospective customers have a legal business and comply with all relevant laws and regulations. 
Fulltext View|Download
Keywords: Principle of Responsible Banking; Green Loan; Sustainable Development Goals

Article Metrics:

Article Info
Section: Articles
Language : EN
Recent articles
POTENTIAL OCCUPATION IN HALAL INDUSTRY FOR REINFORCEMENT SHARIA ECONOMIC LAW APPLICABLE LIMITATIONS ON THE CRIMINAL CODE BASED ON THE 1945 CONSTITUTION, LAW NO. 1 OF 1946 AND THE GOVERNMENT REGULATION NO. 2 OF 1945 INTEGRATED POLICY MANAGEMENT OF NARCOTICS TRAFFICKING AS TRANSNATIONAL ORGANIZED CRIME IN INDONESIA More recent articles
Most cited articles
MANAGEMENT, DISTRIBUTION, AND REDEMPTION OF VILLAGE FUND JUSTICE A YEARNING IN THE IMPLEMENTATION OF THE CONTRACT IN THE SOCIETY LEGAL PERSPECTIVE ON ASEAN ECONOMIC COMMUNITY IMPLEMENTATION OF LEGAL PROTECTION BY THE GOVERNMENT IN ORDER TO EMPOWERMENT OF MICRO SMALL MEDIUM ENTERPRISE TO REALIZE THE JUSTICE ECONOMY (Research Study: The Office of Cooperative and Micro Small and Medium Enterprise Province of Central Java) REGULATIONS FOR E-COMMERCE AGREEMENT ACCORDING TO ICT ACT AND TITLE III OF INDONESIAN CIVIL CODE More cited articles
  1. Abubakar, Lastuti, and Tri Handayani. “Implementation of the Principles for Responsible Banking in Indonesian Banking Practices to Realize Sustainable Development Goals,” 358:103–6. Atlantis Press, 2019. doi: 10.2991/icglow-19.2019.26
  2. BRI. “Memperkuat Dasar Keuangan Berkelanjutan,” 2018
  3. Handajani, Lilik, Ahmad Rifai, and L. Hamdani Husnan. “Study of The Initiation of Green Banking Practices at State-Owned Bank.” Jurnal Economia 15, no. 1 (2019): 1–16. doi: 10.21831/economia.v15i1.21954
  4. Handayani, Tri, and Lastuti Abubakar. “Bank Participation in Managing Environmental Recovery Guarantee Funds in Order to Realize the Sustainable Development Goals” 358, no. Icglow (2019): 9–13. doi: 10.2991/icglow-19.2019.3
  5. Hidayanti, Febby. “Penerapan Prinsip Keuangan Berkelanjutan PT Bank BJB Sesuai POJK No 51 Tahun 2017,” 2020
  6. Ibrahim, Johny. Theory and Methodology of Normative Legal Research. Bayumedia Publishing, 2006
  7. Ismalina, Poppy. “Why Does A Country Have to Develop a Sustainable Finance System?,” n.d
  8. Jayadatta, S, and S N Nitin. “Opportunities , Challenges , Initiatives and Avenues for Green Banking In India.” International Journal of Business and Management Invention 6, no. 2 (2017): pp.10-15
  9. Jelena Stankevicienea, Marta Nikonorova. “Sustainable Value Creation in Commercial Banks during Financial Crisis.” Procedia - Social and Behavioral Sciences, no. 110 (2013): 1197–1208
  10. Lastuti Abubakar. “Implementasi Prinsip Kehati-Hatian Melalui Kewajiban Penyusunan Dan Pelaksanaan Kebijakan Perkreditan Atau Pembiayaan Bank.” Rechtidee, Vol. 13, No. 1, Juni 2018 13, no. 1 (2018): 62–82
  11. Luo, Changqing, Siyuan Fan, and Qi Zhang. “Investigating the Influence of Green Credit on Operational Efficiency and Financial Performance Based on Hybrid Econometric Models.” International Journal of Financial Studies 5, no. 4 (2017): 27. doi: 10.3390/ijfs5040027
  12. Maramis, Nicholas. “Tanggung Jawab Perbankan Dalam Penegakan Green Banking Mengenai Kebijakan Kredit.” Lex et Societatis IV, no. 6 (2016): 1–9. doi: 10.1360/zd-2013-43-6-1064
  13. Mendez, Alvaro, and David Patrick Houghton. “Sustainable Banking: The Role of Multilateral Development Banks as Norm Entrepreneurs.” Sustainability (Switzerland) 12, no. 3 (2020): 1–21. doi: 10.3390/su12030972
  14. Pawel Micolajczak. “Sustainable Banking. Implications For An Ethical Dimension Of Finance of Social Enterprise Performance.” Studia Prawno-Ekonomiczne t.CIV (2017): 287–301. doi:doi: 10.26485/SPe/2017/104/16
  15. Sauvé, Sébastien, Sophie Bernard, and Pamela Sloan. “Environmental Sciences, Sustainable Development and Circular Economy: Alternative Concepts for Trans-Disciplinary Research.” Environmental Development 17 (2016): 48–56. doi: 10.1016/j.envdev.2015.09.002
  16. Soemitro, Ronny Hanitijo. Legal Research Methodology and Jurimetry,. Jakarta: Ghalia Indonesia, 1988
  17. United Nations. “Sustainable Development GOALS - 17 Goals to Transform Our World.” Sustainable Development Goals - United Nations, 2016. doi: 10.1016/j.placenta.2013.02.008

Last update:

No citation recorded.

Last update: 2024-11-22 00:09:29

No citation recorded.