Incorporating Blue Bonds as a funding alternative for a sustainable development project

Authors

  • Fareis Althalet
  • Tira Siya Fajar Rahayu
  • Hera Hera
  • Ayu Fil Akhirati
  • Pingki Pingki
  • Nirwana Nura
  • Angelika Gita Andreana Mulawarman University

DOI:

https://doi.org/10.20525/ijrbs.v10i5.1310

Keywords:

Blue Bonds, Sustainable Development, Issuance of Blue Bonds

Abstract

This study aims to examine Blue Bonds as a guarantee issued by the issuer (government and companies) as alternative financing. Compared to ordinary bonds that are issued only to meet the issuer's funding needs, the transaction results in Blue Bonds will be used to support marine protection, fisheries governance, waste and water pollution management, and the restoration of marine ecosystems. In this study, the author uses the method literature review sourced from journals, books, reports from related ministries, international financial institutions such as the World Bank, and news from national and international media. The results of this study indicate that by issuing Blue Bonds, the government and companies will get more funds from bond investors. Investors will receive a return in the form of a coupon (fixed interest rate) from the issuer and pay according to schedule and the initial principal investment. Not only that, the government and companies will get a good reputation among investors and actively contribute to Indonesia's maritime development.

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References

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Published

2021-08-08

How to Cite

Althalet, F., Fajar Rahayu, T. S., Hera, H., Akhirati, A. F., Pingki, P., Nura, N., & Andreana, A. G. (2021). Incorporating Blue Bonds as a funding alternative for a sustainable development project . International Journal of Research in Business and Social Science (2147- 4478), 10(5), 129–134. https://doi.org/10.20525/ijrbs.v10i5.1310

Issue

Section

Financial and Economic Studies