Green funding refers to investments supporting projects with positive environmental impacts, such as forest conservation, carbon emission reduction, and indigenous community empowerment. This type of funding does not solely seek financial gains but also considers the business’ impact.
Sustainable Micro, Small, and Medium Enterprises (MSMEs) operate using sustainability principles namely efficient resource use, local workforce empowerment, and inclusive community development. They also contribute to fair and equitable economic development while preserving the environment.
In a media discussion titled “Green Funding Innovation for Sustainable MSMEs” on March 3, 2024, Supernova Ecosystem introduced green funding innovations to support sustainable economic growth and forest conservation. This investment program, as a collaborative effort, is projected to create jobs for 13,000 indigenous people and protect 700 thousand hectares of forest. The discussion featured Supernova Ecosystem’s partners Irma Chantily from Konstelasi Accelerator and Inez Stefanie from Equator Capital. Irma explained how to manage acceleration programs and facilitate collaboration among stakeholders. Meanwhile, Inez discussed Supernova Ecosystem’s role as a funding catalyst for sustainable businesses addressing environmental risks and social gaps.
Other speakers included Dr. Mubariq Ahmad, Environmental and Economic Expert; Dr. Mahpud Sujai, Sustainable Financial Policy Expert; Vitri Sekarsari, Grant and Resource Mobilization Manager at Lingkar Temu Kabupaten Lestari/Roundtable for Sustainable Districts (LTKL) Secretariat; and Bryan Citrasena, Partnership and Communication Consultant from Koalisi Ekonomi Membumi/The Coalition of Grounded Economy (KEM).
One of Supernova Ecosystem’s primary focuses is preserving 35,000 hectares of land, which impacts 3,500 forest, fish, and plantation farmers. This program also develops seven primary commodities in Eastern Indonesia, including chocolate, coconuts, and cashews. To implement this program, Supernova Ecosystem collaborates with multiple stakeholders, such as LTKL, KEM, and other institutions.
Mubariq highlighted challenges in developing Green MSMEs, including a need for more funding and awareness on the use of conventional banking systems. “The government plays an essential role in supporting sustainable businesses. Regulations like the Sustainable Green Taxonomy Indonesia (TKBI) can serve as a basis for sustainable finance in Indonesia,” stated Mahpud.
On the other hand, LTKL and KEM have implemented various sustainable business development programs in several districts. They assist Green MSMEs in accessing funding, benefitting from capacity building, transfer of technology, and market access.
Through strong collaboration between Supernova Ecosystem and its partners, this program is expected to grow and positively create a fair and sustainable economic growth that meets Supernova Ecosystem’s commitment to supporting sustainable MSMEs and environmental conservation. They are not only creating job opportunities and reducing carbon emissions, but further empower indigenous communities and preserve the ecosystem sustainably.
In supporting the narrative of sustainable business development, ID COMM, as a strategic partner for Supernova Ecosystem, helps translate and direct important messages regarding this green funding innovation to various stakeholders, including investors and the media.
Focusing on strategic communication, ID COMM strengthens Supernova Ecosystem’s image as a leader in green funding innovation and connects with relevant markets to gain broader support for sustainable business visions and missions.
Author : Agil Asmoaji
Editor : Yulia Maroe, Riska Fiati
