On 16 February, the ADB Board approved a $150 million loan that will hedge a financing facility aimed at accelerating Indonesia’s economic recovery from the coronavirus disease (COVID-19) pandemic and catalyzing public and private funds to support green and bankable infrastructure projects to help the country reach the United Nations' Sustainable Development Goals (SDGs). The Sustainable Development Goals Indonesia One–Green Finance Facility (SIO-GFF), is an innovative financing approach and the first of its kind in Southeast Asia will fund at least 10 projects in which 70% of the financing will support green infrastructure while the rest will support SDGs. The facility will design bankable projects to attract funding to supplement public expenditure, including from private, institutional, and commercial sources. The loan to the Indonesian government will be re-lent to PT Sarana Multi Infrastruktur (Persero), or PT SMI, a state-owned infrastructure financing institution, which will administer the facility. ADB also approved technical assistance to help strengthen PT SMI’s ability to implement the facility and eventually broaden the firm’s services to support other borrowers and catalyze private funding. Indonesia is the world’s fifth-largest emitter of greenhouse gas emissions (GHG) and accounts for more than half of GHG emissions in Southeast Asia. Innovative finance models incorporating global green standards such as the SIO-GFF will help Indonesia focus on climate-resilient infrastructure as it recovers from the COVID-19 pandemic. Other countries in the region will benefit from learning that can be gained from the project $150 Million ADB Loan to Support Green Recovery, Catalyze Financing Toward SDGs…