Fauziah Rizki Yuniarti | Durham University (original) (raw)

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Papers by Fauziah Rizki Yuniarti

Development in Practice, 2023

The Indonesian Government has set ambitious climate targets and commitments, and now appropriate ... more The Indonesian Government has set ambitious climate targets and commitments, and now appropriate climate action is needed to achieve these targets. This viewpoint article identifies gaps in financing to achieve Indonesia's climate commitments and suggests funding mobilisation strategies for climate action; it also recommends policy options to utilise available funding effectively and efficiently. It was estimated that realising climate commitments requires up to USD 276 billion in total, and the financing gap to realise this is around 53 per cent. To achieve the climate target, the government needs appropriate financing strategies. Securing funding from national and international sources, as well as from public and private sources, is critical to filling the gap and establishing financial source diversification. The limited state budget must be optimised through financial instruments such as green bonds, carbon pricing, and fiscal transfers. International financial sources must also be mobilised through bilateral, regional, and multilateral channels.

Development in Practice, 2023

The Indonesian Government has set ambitious climate targets and commitments, and now appropriate ... more The Indonesian Government has set ambitious climate targets and commitments, and now appropriate climate action is needed to achieve these targets. This viewpoint article identifies gaps in financing to achieve Indonesia's climate commitments and suggests funding mobilisation strategies for climate action; it also recommends policy options to utilise available funding effectively and efficiently. It was estimated that realising climate commitments requires up to USD 276 billion in total, and the financing gap to realise this is around 53 per cent. To achieve the climate target, the government needs appropriate financing strategies. Securing funding from national and international sources, as well as from public and private sources, is critical to filling the gap and establishing financial source diversification. The limited state budget must be optimised through financial instruments such as green bonds, carbon pricing, and fiscal transfers. International financial sources must also be mobilised through bilateral, regional, and multilateral channels.

PEBS Policy Brief, 2023

Policy brief ini hadir untuk memberikan gambaran terkait kerentanan bisnis perbankan syariah terh... more Policy brief ini hadir untuk memberikan gambaran terkait kerentanan bisnis perbankan syariah terhadap serangan siber, termasuk di dalamnya penyebab terjadinya serangan tersebut dan resiko yang muncul akibat terjadinya serangan siber tersebut. Untuk mengurangi potensi terjadinya serangan siber di kemudian hari, terdapat beberapa hal yang perlu dilakukan oleh beberapa pemangku kepentingan terkait. Pertama, Bank Syariah perlu menaikkan jumlah pengeluaran untuk penguatan dan pemeliharaan sistem IT agar dapat menjalankan fungsinya dengan lebih optimal. Kedua, bank Syariah juga perlu meningkatkan kesadaran terkait keamanan sistem IT di kalangan SDM internal agar menghindari
potensi terjadinya serangan siber yang diakibatkan oleh kesalahan manusia. Ketiga, pemerintah perlu melakukan peninjauan kembali terkait rencana spin off juga perlu dilakukan, terutama terkait langkah
mitigasi yang tepat saat dilakukannya pemisahan infrastruktur dan sistem IT UUS dari bank induknya agar tidak menjadi celah untuk potensi adanya serangan siber.

SSRN, 2023

The Indonesian government has set ambitious climate targets and commitments, and now appropriate ... more The Indonesian government has set ambitious climate targets and commitments, and now appropriate climate action is needed to achieve these targets. This perspective article identifies gaps in financing to achieve Indonesia’s climate commitments and suggests funding mobilization strategies for climate action; it also recommends policy options to utilize available funding effectively and efficiently. The main sectors targeted are forestry and land use and the energy sector. Indonesia has committed to reaching the net sink for the forestry and land-use sector by 2030 as well as achieving net-zero emissions by 2060 or sooner. Achieving these targets requires a significant amount of financing for climate actions. It was estimated that realizing the climate commitment required up to USD 276 billion in total. The financing gap to realize the climate commitment is around 53%. To achieve the climate target, the government needs appropriate financing strategies. Financial source diversification through securing funding from national and international sources, as well as public and private sources is critical. The limited state budget must be optimized through financial instruments such as green bonds, carbon pricing, and fiscal transfer. International financial sources must also be mobilized through bilateral, regional, and multilateral channels. Options that could be explored include grants and result-based payments.

Indonesia's Financial Services Authority (OJK), 2021

This study examines the relationship between Islamic banks' social function (such as collecting a... more This study examines the relationship between Islamic banks' social function (such as collecting and distributing funds from ZIS-zakat, infaq, and sadaqah) and financial inclusion. We apply time series and panel regression to analyze the data on three different levels of unit analysis, namely national, regional by provinces, and panel Islamic banks in the case of Indonesia. We find the social function has positively impact Islamic financial inclusion and can increase the new customer base in Indonesia. Therefore, we suggest the authority to strengthen Islamic Bank regulation on their social performance to increase the rate of financial inclusion.

INDEF POLICY BRIEF, 2022

Indonesia has the potential to grow, develop, and become a global hub for the Islamic economy. In... more Indonesia has the potential to grow, develop, and become a global hub for the Islamic economy. Indonesia's position in the Global Islamic Economy Indicator (GIEI) 2021 is in the 4th position. Several dominant sectors in the ranking are halal food because they occupy the second position, up two steps from the previous one. The provisions to achieve this are indeed already in place, such as Indonesia's the largest Muslim population in the world, belief in religion is an inseparable thing in life, experiencing a demographic bonus and enormous population growth, untapped potential for philanthropic funds, and occupying a position as the most generous citizen, and many people still in the category of unbanked and underbanked. Thus, the recommendations are first to ratify the Sharia Economic Bill (Sharia Economic Bill). Second, formulating clear and comprehensive regulations on halal industrial estates (KIH) will allow KIHs to be significant in number and have a massive impact on the ecosystem. Third, the addition of a new HS code (Harmonized System) for halal products as an enabler for the growth of the sharia economic industry. Fourth, incorporating more sharia economic issues into the national agenda (National Long-Term Development Plan (RPJPN) 2025-2045 and National Medium-Term Development Plan (RPJMN) 2024-2029). Fifth, include the halal industry in the national research agenda (National Research Priority (PRN)). Finally, the infrastructure must be prepared to support the halal certification process.

Talks by Fauziah Rizki Yuniarti

Drafts by Fauziah Rizki Yuniarti

PEBS Policy Brief, 2023

Policy brief ini hadir untuk memberikan gambaran dan pandangan terkait polemik yang terjadi akiba... more Policy brief ini hadir untuk memberikan gambaran dan pandangan terkait polemik yang terjadi akibat usulan kenaikan biaya haji serta aspek keadilan dan sustainabilitas yang sangat penting dalam pengelolaan keuangan haji. Untuk meningkatkan kepercayaan masyarakat serta mendukung sustainabilitas pengelolaan keuangan haji, pemerintah sebaiknya menaikkan Biaya Perjalanan Ibadah Haji (Bipih) secara bertahap dan menyiapkan berbagai skenario kebijakan yang tepat untuk
memastikan terjaganya sustainabilitas keuangan haji, meningkatkan transparansi serta sosialisasi besaran Biaya Penyelenggaraan Ibadah Haji (BPIH) kepada masyarakat, meningkatkan efisiensi BPIH, dan mendorong inovasi untuk meningkatkan efisiensi BPIH dan kepuasan jamaah. Selain
itu, pemerintah perlu melakukan peninjauan kembali dan penyempurnaan regulasi terutama yang terkait dengan proporsi alokasi investasi dan klausul tanggung renteng kerugian, sehingga dapat memperkuat kelembagaan BPKH, mendukung kinerja investasi dan mendorong pengelolaan dana haji yang lebih optimal.

Development in Practice, 2023

The Indonesian Government has set ambitious climate targets and commitments, and now appropriate ... more The Indonesian Government has set ambitious climate targets and commitments, and now appropriate climate action is needed to achieve these targets. This viewpoint article identifies gaps in financing to achieve Indonesia's climate commitments and suggests funding mobilisation strategies for climate action; it also recommends policy options to utilise available funding effectively and efficiently. It was estimated that realising climate commitments requires up to USD 276 billion in total, and the financing gap to realise this is around 53 per cent. To achieve the climate target, the government needs appropriate financing strategies. Securing funding from national and international sources, as well as from public and private sources, is critical to filling the gap and establishing financial source diversification. The limited state budget must be optimised through financial instruments such as green bonds, carbon pricing, and fiscal transfers. International financial sources must also be mobilised through bilateral, regional, and multilateral channels.

Development in Practice, 2023

The Indonesian Government has set ambitious climate targets and commitments, and now appropriate ... more The Indonesian Government has set ambitious climate targets and commitments, and now appropriate climate action is needed to achieve these targets. This viewpoint article identifies gaps in financing to achieve Indonesia's climate commitments and suggests funding mobilisation strategies for climate action; it also recommends policy options to utilise available funding effectively and efficiently. It was estimated that realising climate commitments requires up to USD 276 billion in total, and the financing gap to realise this is around 53 per cent. To achieve the climate target, the government needs appropriate financing strategies. Securing funding from national and international sources, as well as from public and private sources, is critical to filling the gap and establishing financial source diversification. The limited state budget must be optimised through financial instruments such as green bonds, carbon pricing, and fiscal transfers. International financial sources must also be mobilised through bilateral, regional, and multilateral channels.

PEBS Policy Brief, 2023

Policy brief ini hadir untuk memberikan gambaran terkait kerentanan bisnis perbankan syariah terh... more Policy brief ini hadir untuk memberikan gambaran terkait kerentanan bisnis perbankan syariah terhadap serangan siber, termasuk di dalamnya penyebab terjadinya serangan tersebut dan resiko yang muncul akibat terjadinya serangan siber tersebut. Untuk mengurangi potensi terjadinya serangan siber di kemudian hari, terdapat beberapa hal yang perlu dilakukan oleh beberapa pemangku kepentingan terkait. Pertama, Bank Syariah perlu menaikkan jumlah pengeluaran untuk penguatan dan pemeliharaan sistem IT agar dapat menjalankan fungsinya dengan lebih optimal. Kedua, bank Syariah juga perlu meningkatkan kesadaran terkait keamanan sistem IT di kalangan SDM internal agar menghindari
potensi terjadinya serangan siber yang diakibatkan oleh kesalahan manusia. Ketiga, pemerintah perlu melakukan peninjauan kembali terkait rencana spin off juga perlu dilakukan, terutama terkait langkah
mitigasi yang tepat saat dilakukannya pemisahan infrastruktur dan sistem IT UUS dari bank induknya agar tidak menjadi celah untuk potensi adanya serangan siber.

SSRN, 2023

The Indonesian government has set ambitious climate targets and commitments, and now appropriate ... more The Indonesian government has set ambitious climate targets and commitments, and now appropriate climate action is needed to achieve these targets. This perspective article identifies gaps in financing to achieve Indonesia’s climate commitments and suggests funding mobilization strategies for climate action; it also recommends policy options to utilize available funding effectively and efficiently. The main sectors targeted are forestry and land use and the energy sector. Indonesia has committed to reaching the net sink for the forestry and land-use sector by 2030 as well as achieving net-zero emissions by 2060 or sooner. Achieving these targets requires a significant amount of financing for climate actions. It was estimated that realizing the climate commitment required up to USD 276 billion in total. The financing gap to realize the climate commitment is around 53%. To achieve the climate target, the government needs appropriate financing strategies. Financial source diversification through securing funding from national and international sources, as well as public and private sources is critical. The limited state budget must be optimized through financial instruments such as green bonds, carbon pricing, and fiscal transfer. International financial sources must also be mobilized through bilateral, regional, and multilateral channels. Options that could be explored include grants and result-based payments.

Indonesia's Financial Services Authority (OJK), 2021

This study examines the relationship between Islamic banks' social function (such as collecting a... more This study examines the relationship between Islamic banks' social function (such as collecting and distributing funds from ZIS-zakat, infaq, and sadaqah) and financial inclusion. We apply time series and panel regression to analyze the data on three different levels of unit analysis, namely national, regional by provinces, and panel Islamic banks in the case of Indonesia. We find the social function has positively impact Islamic financial inclusion and can increase the new customer base in Indonesia. Therefore, we suggest the authority to strengthen Islamic Bank regulation on their social performance to increase the rate of financial inclusion.

INDEF POLICY BRIEF, 2022

Indonesia has the potential to grow, develop, and become a global hub for the Islamic economy. In... more Indonesia has the potential to grow, develop, and become a global hub for the Islamic economy. Indonesia's position in the Global Islamic Economy Indicator (GIEI) 2021 is in the 4th position. Several dominant sectors in the ranking are halal food because they occupy the second position, up two steps from the previous one. The provisions to achieve this are indeed already in place, such as Indonesia's the largest Muslim population in the world, belief in religion is an inseparable thing in life, experiencing a demographic bonus and enormous population growth, untapped potential for philanthropic funds, and occupying a position as the most generous citizen, and many people still in the category of unbanked and underbanked. Thus, the recommendations are first to ratify the Sharia Economic Bill (Sharia Economic Bill). Second, formulating clear and comprehensive regulations on halal industrial estates (KIH) will allow KIHs to be significant in number and have a massive impact on the ecosystem. Third, the addition of a new HS code (Harmonized System) for halal products as an enabler for the growth of the sharia economic industry. Fourth, incorporating more sharia economic issues into the national agenda (National Long-Term Development Plan (RPJPN) 2025-2045 and National Medium-Term Development Plan (RPJMN) 2024-2029). Fifth, include the halal industry in the national research agenda (National Research Priority (PRN)). Finally, the infrastructure must be prepared to support the halal certification process.

PEBS Policy Brief, 2023

Policy brief ini hadir untuk memberikan gambaran dan pandangan terkait polemik yang terjadi akiba... more Policy brief ini hadir untuk memberikan gambaran dan pandangan terkait polemik yang terjadi akibat usulan kenaikan biaya haji serta aspek keadilan dan sustainabilitas yang sangat penting dalam pengelolaan keuangan haji. Untuk meningkatkan kepercayaan masyarakat serta mendukung sustainabilitas pengelolaan keuangan haji, pemerintah sebaiknya menaikkan Biaya Perjalanan Ibadah Haji (Bipih) secara bertahap dan menyiapkan berbagai skenario kebijakan yang tepat untuk
memastikan terjaganya sustainabilitas keuangan haji, meningkatkan transparansi serta sosialisasi besaran Biaya Penyelenggaraan Ibadah Haji (BPIH) kepada masyarakat, meningkatkan efisiensi BPIH, dan mendorong inovasi untuk meningkatkan efisiensi BPIH dan kepuasan jamaah. Selain
itu, pemerintah perlu melakukan peninjauan kembali dan penyempurnaan regulasi terutama yang terkait dengan proporsi alokasi investasi dan klausul tanggung renteng kerugian, sehingga dapat memperkuat kelembagaan BPKH, mendukung kinerja investasi dan mendorong pengelolaan dana haji yang lebih optimal.