Open AccessIncorporating Blue Bonds as a funding alternative for a sustainable development project
Author(s) -
Fareis Althalet,
Tira Siya Fajar Rahayu,
Hera Hera,
Ayu Fil Akhirati,
Pingki Pingki,
Nirwaura,
Angelika Gita Andreana
Publication year - 2021
Publication title -
international journal of research in business and social science
Language(s) - English
Resource type - Journals
ISSN - 2147-4478
DOI - 10.20525/ijrbs.v10i5.1310
Subject(s) - issuer , bond , business , finance , reputation , government (linguistics) , corporate governance , coupon , database transaction , revenue bond , fixed income , financial system , social science , linguistics , philosophy , sociology , computer science , programming language
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.