An SEZ-bounded finance sandbox envisioned to originate, structure, and settle green and transition finance on Siberut Island, Indonesia.
Southeast Asia faces an estimated cumulative green investment requirement of approximately US$1.5 trillion by 2030. Indonesia's climate and energy transition financing gap is structural and material. The GIBFC is proposed as an institutional response — an SEZ-bounded sandbox designed to originate, structure, and pilot bankable green and transition finance transactions.
Not a sovereign monetary authority. The GIBFC is proposed as a regulated environment operating strictly within Indonesia's banking and financial supervision framework, subordinate to Bank Indonesia and OJK.
A proposed clean-slate Indonesian commercial bank, purpose-built from the ground up for green and transition finance — free from legacy systems, legacy liabilities, and legacy thinking.
Architectural ring-fencing separates the non-regulated ilipa One ERP operating system from the proposed regulated GIBFC Vault banking core via an immutable Glass Wall Bridge.
A proposed structural 1.75% Green Reserve allocation embedded at the settlement layer, designed to automatically fund the Mentawai Conservation Foundation and 100-Year Legacy Trust.
Envisioned integration of the ACTA corporate registry, MentEx tokenised securities marketplace, and a Court of Chancery-style commercial court for institutional-grade governance.
The GIBFC is envisioned to convert policy architecture — including Indonesia's JETP commitments and SEZ incentive frameworks — into transaction-ready capital flows with auditable compliance and investor protections.
Proposed capabilities span the full lifecycle: from green bond and sukuk origination through structured transition finance to residential green mortgage products — all within a single, SEZ-bounded institutional framework.
The GIBFC Central Bank concept is explicitly designed as an SEZ-bounded treasury and settlement authority. It is not a sovereign monetary authority. It is proposed to operate strictly subordinate to Bank Indonesia, OJK, and all applicable Indonesian regulators.
Important Notice: The GIBFC Central Bank concept is explicitly designed as an SEZ-bounded treasury and settlement authority. It is not a sovereign monetary authority. It is proposed to operate strictly subordinate to Bank Indonesia, OJK, and all applicable Indonesian regulators.
The GIBFC is proposed to be domiciled within the Mentawai Bay Special Economic Zone — a 2,600-hectare development envelope on Siberut Island, Indonesia. The Dual-Engine economic model envisions off-siting heavy industry and data centres to the Padang mainland, preserving 85% of Siberut Island as protected National Park.
All development plans are subject to regulatory approval and applicable Indonesian law.
The following services represent the envisioned capability set, subject to regulatory licensing and approval.
Proposed origination, structuring, and execution of green bonds, transition loans, and blended finance instruments for climate and development projects.
Envisioned SEZ-bounded treasury and multi-currency settlement authority with ISO-20022 canonical messaging and regulated payment rails.
Proposed principal lending and Green Mortgage products for premium residential development, designed to accelerate buyer conversion with competitive rates.
Planned PSP-mode payment services including merchant acquiring, QR-based transactions, and FX services for SEZ tenants and operators.
Envisioned custody services and foreign exchange capabilities to support international investor participation and cross-border capital flows.
Proposed integrated corporate registry (ACTA) and tokenised securities marketplace (MentEx) for green/transition project SPV issuance and secondary liquidity.
Planned green and transition Sukuk structuring as a complementary financing layer, broadening access to Islamic capital markets.
The GIBFC licensing and execution strategy follows a transparent, milestone-gated regulatory approval process.
Legal/regulatory architecture design, governance framework, and pre-engagement preparation. Estimated programme spend: US$0.25m–US$0.60m.
Full submission pack, feasibility study, fit-and-proper assessment. Capital Gate 1: IDR 4T (~US$235M) deposit evidence required. Estimated programme spend: US$0.50m–US$1.20m.
AML/CFT policy engine, IT controls, core banking selection and implementation, audit trail generation. Estimated programme spend: US$2.0m–US$5.5m.
Operational readiness, final regulatory evidence, controlled launch of initial green/transition financial products. Capital Gate 2: IDR 10T (~US$589M) full paid-up capital. Estimated programme spend: US$2.5m–US$6.5m.
ERP foundation, RLAG pricing layer, Glass Wall Bridge, non-atomic Torqua obligation ledger, external PSP integrations.
Regulated core banking ledger activation, atomic Torqua enforcement, compliance reporting.
Multi-SEZ federation and jurisdiction-specific deployment.
Timeline estimates are indicative and subject to regulatory decision windows and iteration cycles.