2024 HIGHLIGHTS
2024 DECEMBER
2024 SEPTEMBER
2024 MAY
20-21 MAY 2024
G20 BALI GLOBAL BLENDED FINANCE ALLIANCE LETTER OF INTENT SIGNING
HIGH-LEVEL ROUNDTABLE GBFA FOR GLOBAL SOUTH COLLABORATION
UNVEILING OF G20 BALI GBFA SECRETARIAT
AROUND 10TH WORLD WATER FORUM – BALI
OPENING
OPENING REMARKS | H.E. Luhut Binsar Pandjaitan, Coordinating Minister for Marine and Investment Affairs, Republic of Indonesia
HONORARY REMARKS | H.E. Ratu Wiliame Katonivere, President of Fiji
HIGH-LEVEL ROUNDTABLE
GBFA FOR GLOBAL SOUTH COLLABORATION
OPENING REMARKS | H.E. Mari Elka Pangestu, Special Presidential Envoy for Climate Actions and Global Blended Finance Alliance, Republic of Indonesia.
SPECIAL REMARKS | H.E. Barbara Pompili, Special Envoy to the French President for the “One Water Summit”, France.
Mr Julius Korir, Principal Secretary and Deputy to H.E. Zachariah Mwangi Njeru, Cabinet Secretary for Water, Sanitation, and Irrigation, Kenya.
H.E. Jeevan Thondaman, Minister of Water Supply and Estate Infrastructure Development, Sri Lanka.
H.E. John Rosso, Deputy Prime Minister of Papua New Guinea
H.E. Eve Bazzaiba Masudi, Minister of Environment and Sustainable Development, Democratic Republic of the Congo.
Mr Haje Schütte, Deputy Director of the OECD Development Co-operation Directorate
Mr Gabriel Augusto Baptista Pereira, Ministerial Envoy of Luxembourg GBFA
Mr Kevin William Tokar, Counsellor and Head of Development Cooperation, Embassy of Canada to Indonesia
UNVEILING OF
G20 BALI GLOBAL BLENDED FINANCE ALLIANCE
SECRETARIAT
2024 FEBRUARY
2023 HIGHLIGHTS
CLICK IMAGE TO READ THE FULL ISSUE ONLINE
2022 HIGHLIGHTS
VIEW VIDEO GALLERY
13-14 November
“THK Blended Finance Forum”
17-18 November
“THK Future Knowledge Summit”
“Indonesia takes pride in playing a global role to partner with business sectors, multilateral institutions, philanthropy, local and international players across sectors to move forward the blended finance and innovation agenda with the Global Blended Finance Alliance and Tri Hita Karana Center of Future Knowledge in bridging the three harmonies for sustainable development goals.”
Joko Widodo, President of Republic of Indonesia
Tri Hita Karana Forum
THK FORUM PRE-G20 EVENTS
Blended Finance: Everything You Wanted to Know But Were Afraid to Ask
2022 FEBRUARY
OECD: PLUGGING THE SDG FINANCING GAP
THK Partner OECD published this jointly with Indonesia G20 Team on Blended Financing. THK is proud to see Indonesia join heads, hearts and hands inviting the world on blended finance to plug the SDG Gap representing the voice of development on the road to G20.
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CAPS: DECODED | BLENDED FINANCE IN ACTION IN ASIA
We are proud to share THK philanthropy partner CAPS paper on “DECODED” with innovative Blended Finance cases from Asia.
DOWNLOAD PDF BELOW AND SHARE
2022 JANUARY
Sign of the ‘U’niverse
Magical Pink Rainbow appeared at the Three Mountains — world ‘s first tallest bamboo building — days before President kicked off G20 and launched New Era Bali Economic Roadmap on Island of Happiness Kura Kura Bali. May 2022 seed our Tri Hita Karana dream of Happiness to nurture healing of people planet and spiritual. It has been an amazing year with tears and hardship as well as heartfelt joys and progress. Gratitude to inspiring team and partners from around the world and may we reflect and pray together for our own growth and common tomorrow’s.
President Joko Widodo Launches New Era Bali Kerthi Economic Roadmap
THE THREE MOUNTAINS, KURA KURA BALI, 3 DECEMBER 2021
Minister Suharso Monoarfa Introduces New Era Bali Kerthi Economic Roadmap
THE THREE MOUNTAINS, KURA KURA BALI, 3 DECEMBER 2021
2021 HIGHLIGHTS
2021 JUNE
CO-HOSTS
THK FORUM CO-HOSTS
(order of appearance)
His Excellency
LUHUT BINSAR PANJAITAN
Coordinating Minister for Maritime and Investment Affairs
Republic of Indonesia
The Honorable
JOHN KERRY
Special Presidential Envoy for Climate
The United States of America
His Excellency
AIRLANGGA HARTARTO
Coordinating Minister for Economic Affairs
Republic of Indonesia
Plenary Session and Deep Dive 1
“Technology and Innovation
for Climate Action”
Deep Dive 2
“Natural Capital, Carbon, Communities Marketplace”
“IMAGINE”
A poem shared at THK Climate Forum.
“We stand in love
and passion!
To be a name,
to be a better home,
to be a blessed future.
We build up!
For it is not heaven
fallen on earth,
it is heaven on earth.
A child of unity in diversity.”
Quoted from
a poem by
Meilaine Osok,
Youth Action Forum
Fellow from
West Papua, Indonesia
UN SDSN SEA
United In Diversity Campus
Indonesia
2021 SEPTEMBER
INVESTORS UNITE IN DIVERSITY
Blended Billion for Planetary Health is an initiative launched on September 13, 2021 by THK Steering Committee Paul Polman and Prof. Denise Kenyon-Rouvinez in a THK Investors Unite in Diversity Roundtable with global partners in Singapore supported by the Monetary Authority of Singapore.
WE SUPPORT PLANETARY HEALTH
SPEAKERS HIGHLIGHT
Gillian Tan
Assistant Managing Director, Development and International Group, Monetary Authority of Singapore
Paul Polman
Influencer, business leader, campaigner, Co-author of “Net Positive: how courageous companies thrive by giving more than they take”/ THK Forum Steering Committee
Rajiv Shah
President,
The Rockefeller Foundation
BLENDED BILLION FOR PLANETARY HEALTH
Samuel Myers
Director, Planetary Health
Lord Nicholas Stern
Chair of the Grantham Research Institute on Climate Change and Environment, LSE
Haje Schutte
Head, Financing for Sustainable Development Division, OECD Development Division, OECD Development Co-operation Directorate / THK Forum Strategic Partner
FUNDING CLIMATE-POSITIVE AND SDGs PROJECTS
Annie Chen
Founder and Chair, RS Group
INTRODUCTION TO BLENDED FINANCE
Denise Kenyon-Rouvinez
Lead Faculty Tri Hita Karana Global Blended Finance and Innovation Institute
Laurence Lien
Chair, Asia Philanthropy Circle & Lien Foundation
Monetary Authority of Singapore (MAS) Assistant Managing Director for Development and International Group Gillian Tan supports the launch of the “THK Investors Unite in Diversity: Blended Billion for Planetary Health” Pledge with Tri Hita Karana Global Blended Finance and Innovation Institute Lead Faculty Prof. Denise Kenyon-Rouvinez; Asia Philanthropic Circle & Lien Foundation Chair Laurence Lien; and ICC Vice Chairman and UID Foundation Co-founder Cherie Nursalim.
SUPPORT THE PLANET
2021 FEBRUARY
Tri Hita Karana Blended Finance Platform Launched
On 2 February 2020 Tri Hita Karana Blended Finance Platform was launched around the OECD 60th anniversary and DAC (Development Assistance Committee) Practices first anniversary. With aspiration layed out by President Joko Widodo in 2018, and support of government of Indonesia and amazing THK global partners, we are paving the way for THK Forum on Future Knowledge and Blended Finance around G20 next year in Indonesia.
2020 HIGHLIGHTS
2020 OCTOBER
Tri Hita Karana Roadmap for Blended Finance Summary of Outputs | October 2020
Click above image to access the full document.
Foreword by Coordinating Minister for Economic Affairs H.E. Airlangga Hartarto, Republic of Indonesia.
2020 OCTOBER
We welcome the Tri Hita Karana Blended Finance Roadmap which brings together diverse partners, such as the OECD and G20, in order to inform development policy. In these times of COVID-19, Blended Finance and partnerships with the private sectors will become an even more important tool in addressing sustainable development challenges.
Mari Pangestu
World Bank Managing Director of Development Policy and Partnerships
2020 SEPTEMBER
Michelle Yeoh RICH70 shares Tri Hita Karana Happiness Pyramid @Kura Kura Bali
RICH70 attracts 320,000 to Bali Campus through cloud event
2020 JULY
Tri Hita Karana Blended Finance Roadmap Milestones
Indonesia aspires to be a Natural Capital, Carbon and Communities Superpower (NCCC) | July 2020 Virtual Meeting
2020 FEBRUARY
UID President Mari Pangestu and husband Adi Harsono presented with gift of “Super Couple” as she soon assumes Managing Director role in World Bank Group in DC accompanied by Indonesian Ministers, GT, MAP and friends in Jakarta, late February 2020.
2020 JANUARY
2020 Private Finance for Sustainable Development Conference On Aligning Finance with SDGs
28-30 January 2020, Paris
OECD facilitated Tri Hita Karana Blended Finance event January 28-30, 2020, in Paris. They have also created a Tri Hita Karana Roadmap for Blended Finance Resource Hub as an open platform curated at Convergence with over 150 blended finance reports. The event was attended by Indonesian Financial Services Authority (OJK) Chairman Wimboh Santoso.
Working Groups Leads comprise Chris Clubb (Convergence), Karin Lindblad (Sida), Lukas Schneller (SECO), Chris Clubb (Convergence), Marika Levena (EIB), Michael Feith (European Commission), Frode Neergaard (Danida), Diana Guzman (WEF), Nikolaus Schultze (ICC), Meghan Watkinson (GAC), Kruskaia Sierra-Escalante (IFC), Nancy Lee (CGDEV), and Magdalena Orth (DEval). Moderators include Haje Schütte (OECD), Kruskaia Sierra Escalante (IFC), Meghan Watkinson (GAC), and Paul Horrocks (OECD).
2020 JANUARY
OECD on Tri Hita Karana Roadmap for Blended Finance | 28 January 2020
2020 JANUARY
Wrapping up meeting of Presidential Council on Investment and SDGs: United In Diversity Council for Better Business Better World > “Realising Indonesia’s Potential Through Sustainable Development” on 20 January 2020 at Seehof Hotel, Davos Dorf, Switzerland.
2019 HIGHLIGHTS
2019 SEPTEMBER
UNGA 74 Side Event | 27 September 2019
2019 MARCH
2018 HIGHLIGHTS
2018 OCTOBER
GALLERY
“Soulful Moments”
Kura Kura Bali: Creating an Innovative Island of Sustainable Solutions
ABOUT TRI HITA KARANA FORUM
The inaugural Tri Hita Karana Forum on Sustainable Development was launched at the Bali APEC in 2013. The second Tri Hita Karana Forum for Sustainable Development was held on 9-11 October 2018 around the IMF WB Annual Meetings and endorsed by the President of the Republic of Indonesia Joko Widodo.
Convened under the theme “Blended Finance and Innovation for Better Business Better World”, over 500 participants from across sectors – senior levels of government, entrepreneurs, development banks, international donors, investors, project developers, business and NGOs – attended the Forum. The Tri Hita Karana (THK) Forum aligned global action for the UN Sustainable Development Goals (SDGs), with a particular focus on mobilizing private capital and innovation for the SDGs in Indonesia and South East Asia.
The THK Forum demonstrated Indonesia’s leadership in the Global SDG Agenda and innovative financing solutions to achieve SDGs. It launched over 30 high-impact initiatives and was estimated to have mobilised close to $10 billion for priority SDGs sectors including green infrastructure, sustainable land use, oceans, ecotourism, health, women and innovation.
NOTABLE PROJECTS INCLUDE
The Tri Hita Karana Roadmap for Blended Finance, a policy-focus initiative facilitated by the OECD, WEF, Global Blended Finance Taskforce, and championed by the Indonesian government to develop a shared blended finance value system for an efficient deployment of blended finance approach to achieve the SDGs in Indonesia and around the world;
The Billion Dollar Fund for Women, a global consortium of venture funds tackling the gender funding gap, which has achieved its billion dollar target and has already seen a number of investments in high impact women funded companies, notably the woman-founded fintech startup “Duithape” in Indonesia.
The THK Forum helped catalyse the SDG Indonesia One, the first-of-its-kind integrated blended finance country platform managed by PT Sarana Multi Infrastruktur (PT SMI) – a special purpose vehicle – under the leadership of the Ministry of Finance to support large-scale sustainable infrastructure projects in Indonesia.
The THK Forum also spearheaded the Sakenan Bali Declaration to tackle waste and plastic pollutions which was later enacted by Bali provincial government as a regulation to ban single-use plastics in Bali.
PURPOSE
President Joko Widodo greets the late UID Honorary Chairman and Co-Founder Aristides Katoppo (1938-2019) after his keynote address on Happiness and SDGs at Tri Hita Karana Forum on Sustainable Development for Better Business Better World, 11 October 2018, Bali.
Whilst providing a platform to celebrate major SDG related commitments, announcements and milestones in the region to drive sustainable development, the mission of THK Forum is to accelerate global action for the SDGs by mobilizing private funds with the use of public and philanthropic funds through innovation and blended financing solutions. A high-powered platform, THK Forum seeks to align global and local policy-makers, corporates, banks and financial institutions, impact investors, philanthropic foundations, NGOs, think tanks, academia to drive collective actions, forge new collaboration and partnerships to scale global action for social, ecological and spiritual harmonies impact for Indonesia and the emerging economies.
INTRODUCTION TO THK FORUM
ABOUT TRI HITA KARANA
Tri Hita Karana is a Balinese philosophy denoting the THE THREE-FOLD PATHWAY TO HAPPINESS through attaining the harmonies of people with people, people with nature, and people in spirituality.
HARMONY OF PEOPLE
Harmony of people needs social basic issues addressed such as poverty, education, health, clean and affordable energy, sanitation, water, economic, work, industry and infrastructure growth, and last but not least inequalities including gender inequalities.
HARMONY WITH NATURE
Harmony with nature calls for us to address sustainability challenges in urbanization, production and consumption cycle, climate change, and biodiversity.
HARMONY IN SPIRITUALITY
Harmony with the spiritual calls for our inner strength and faith to bridge peace and collaboration within and across sectors as well as countries.
THE HAPPINESS SDG PYRAMID
TRI HITA KARANA ALIGNED WITH THE 17 SDGS
NATIONAL TASK FORCE
CO-ORGANISERS
TRI HITA KARANA FORUM 2018
BLENDED FINANCE AND INNOVATION
SUPPORTING PARTNERS