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The banking sector in Indonesia holds significant potential to promote sustainability through green financing initiatives and the adoption of environmentally friendly practices.By investing in renewable energy sources, reducing carbon footprints, and collaborating with stakeholders, banks can drive positive environmental change and contribute to a more sustainable future.Key recommendations include integrating Environmental, Social, and Governance (ESG) criteria into business processes, offering innovative green financial products, and establishing a strong culture of sustainability within the banking sector.Additionally, it is crucial for stakeholders to actively advocate for sustainability in the banking sector to ensure that these efforts have a significant long-term impact.With these steps, the banking sector in Indonesia can not only enhance their own environmental performance but also play a pivotal role in supporting the transition towards a greener and more sustainable economy.It is hoped that these collaborative efforts will create a better and more sustainable future for all parties involved.
Metyopanda et al. (Sat,) studied this question.
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