Indonesia Impact Alliance (IIA) is officially launched!

On 10 May 2023, Indonesia Impact Alliance (IIA) officially launched its platform through a public convening titled “Breaking Barriers, Crossing the Chasm,” held in Jakarta. The event marked a milestone in strengthening Indonesia’s impact investment ecosystem by bringing together investors, policymakers, development partners, and ecosystem builders to address structural gaps in early-stage impact financing.

Hosted by Indonesia Impact Alliance and supported by the National Development Planning Agency of Indonesia (Bappenas), UNDP Indonesia, and The Ford Foundation, the launch highlighted the growing momentum for impact investing in Indonesia and the need for coordinated action to unlock capital for social and environmental impact.

The event featured keynote remarks and high-level discussions with global and regional leaders, including representatives from the Global Steering Group for Impact Investment (GSG), the Global Impact Investing Network (GIIN), Franklin Templeton, Temasek, and development finance institutions. Discussions focused on global trends in impact investing, the role of blended finance in emerging markets, and challenges in financing early-stage impact enterprises.

A key focus of the convening was the persistent financing gap for early-stage impact enterprises—particularly in the USD 100,000 to USD 1 million range—and the potential of blended finance approaches to crowd in private capital while managing risk. IIA outlined its ambition to help develop a blended finance facility as a practical solution to strengthen the impact investment pipeline in Indonesia.

The launch concluded with the formal introduction of Indonesia Impact Alliance (IIA) as a collaborative platform bringing together capital providers, intermediaries, ecosystem builders, and government stakeholders. Through convening, advocacy, and market-building initiatives, IIA aims to mobilize greater private capital for impact and contribute to sustainable and inclusive development in Indonesia.