Enrichment : Journal of Management
Vol. 13 No. 3 (2023): August: Management Science And Field

Ecologies of green finance: Green Sukuk and development of green Infrastructure in Bekasi Regency on SWOT Analysis

Mohammad Hatta Fahamsyah (Universitas Pelita Bangsa, Bekasi, Indonesia)
Afif Mustafid Taftazani (Universitas Pelita Bangsa, Bekasi, Indonesia)
Adrianna Syariefur Rakhmat (Universitas Pelita Bangsa, Bekasi, Indonesia)
Muhammad Hamdan Ainul Yaqin (Universitas Pelita Bangsa, Bekasi, Indonesia)



Article Info

Publish Date
23 Aug 2023

Abstract

As a crucial player in promoting well-being, the Indonesian government has a vital role in fostering economic growth and infrastructure development in different cities of Indonesia. However, a significant challenge faced by the country involves striking a balance between infrastructure development and environmental conservation, in line with the principles of sustainable development goals. To tackle this issue, this study utilized a qualitative descriptive approach, focusing on the case of Bekasi Regency in West Java. Data for the research was collected through interviews with officials from the Bekasi Regency Government, as well as through document analysis and literature review. The analysis primarily revolved around a SWOT analysis. The research findings indicate that Bekasi Regency possesses favorable geographical advantages, regulations, and legal frameworks that enable the issuance of sukuk (Islamic bonds) and support green infrastructure development through financing from green sukuk. However, the current situation reveals a lack of green infrastructure development in Bekasi Regency financed by sukuk or green sukuk. Most of the existing green infrastructure projects in the city are initiated by various ministries rather than being led by Bekasi Regency itself.

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Journal Info

Abbrev

enrichment

Publisher

Subject

Economics, Econometrics & Finance

Description

The Enrichment : Journal of Management offers wide ranging and widespread analysis of all surfaces of management and science. Published two times per year, it delivers a emphasis for universal proficiency in the vital methods, techniques and areas of research; presents a opportunity for its readers ...