THK ROADMAP FOR BLENDED FINANCE LAUNCH | 2018
Tri Hita Karana (THK) Roadmap for Blended Finance initiative was launched at the 2018 Tri Hita Karana Sustainable Development Forum on Blended Finance and Innovation, hosted by Indonesian Government.
Launch of the THK Roadmap on Blended Finance
Taking a global leadership role in forging new collaboration and partnerships for sustainable development the Indonesian Government organized the event around the International Monetary Fund World Bank Annual Meetings in Bali in October 2018, with co-hosts International Chamber of Commerce, UN Sustainable Development Solutions Network, Business and Sustainable Development Commission’s Global Blended Finance Taskforce and the United In Diversity Foundation.
The THK Forum launched over 30 SDG-related initiatives including green infrastructure, sustainable food and land use, healthy oceans, ecotourism, health and wellbeing, gender equality and innovation for Indonesia and the region.
The Indonesian Government continues to believe that innovative finance pathways, such as blended finance, are critical to the attainment of the SDGs for an emerging economy like Indonesia or other developing economies.
SDG Pyramid
Tri Hita Karana is a Balinese philosophy and tradition denoting three ways to attain happiness and prosperity that are aligned with the Sustainable Development Goals (SDGs).
Harmony of people addresses basic social issues such as poverty, education, health, clean and affordable energy, sanitation, water, economic, work, industry and infrastructure growth and inequalities including gender.
Harmony with nature addresses sustainability challenges in urbanization, production and consumption cycle, climate change, and biodiversity.
Harmony with the spiritual calls for our inner strength and faith to bridge peace and collaboration within, across sectors as well as countries.
