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Jakarta, VIVA – Indonesian Coordinating Minister for Infrastructure and Regional Development, Agus Harimurti Yudhoyono (AHY), has called on BRICS nations to establish a dedicated financing mechanism to support climate-resilient housing for vulnerable populations.
Speaking at the BRICS Urbanization Forum in Brasilia on Tuesday (June 23), minister AHY highlighted the growing inequality in access to housing finance, particularly among communities most exposed to the risks of climate change.
"Those most vulnerable to climate impacts are often the least able to access formal housing finance. Without targeted support, they will remain marginalized and at risk," the minister said during the thematic session on “Housing and Urban Agenda: Strategic Priorities,” held at the Itamaraty Palace.
To address this challenge, Indonesia is working with partners to develop a funding platform that pools resources from central and local governments, as well as the private sector.
Ketua Umum Partai Demokrat, Agus Harimurti Yudhoyono (AHY) di Kantor DPP Partai Demokrat, Jakarta Pusat
Photo :
- VIVA.co.id/Yeni Lestari
The initiative aims to scale up adaptive, climate-resilient housing solutions, especially for low-income and at-risk communities.
“This platform will combine national, provincial, and private sector resources. Funding will be directed towards green renovations, micro-loans, inclusive zoning incentives, and the use of locally sourced, climate-resilient building materials,” he explained.
Minister AHY emphasized that the top priority of the financing scheme is to reach the most vulnerable households and ensure that no one is left behind in the transition toward green urban development.
He also stressed the importance of strengthening global partnerships, arguing that the scale of the climate crisis cannot be tackled by public funding alone.
Citing successful collaborations with institutions such as the World Bank and the Asian Development Bank (ADB), which have supported various housing initiatives in Indonesia, the minister extended an invitation to the New Development Bank (NDB) to join the effort.
“We have an opportunity to align subsidy frameworks, share technological tools, and establish common standards that reflect our shared commitments to the Paris Agreement, the Sustainable Development Goals (SDGs), and the New Urban Agenda,” he concluded.
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Minister AHY emphasized that the top priority of the financing scheme is to reach the most vulnerable households and ensure that no one is left behind in the transition toward green urban development.
