The Ministry of Finance and UNDP Indonesia conducted a joint study on Indonesia’s Retail Green Sukuk (ST-006) to provide a comprehensive analysis of the outcome, challenges, impacts, as well as underlying prospects for retail green sukuk issuance. Findings and recommendations from this study aim to serve as a useful resource for future bond/ sukuk issuances in Indonesia, as well as for the development of other innovative financial instruments to accelerate progress towards the achievement of SDGs in Indonesia and globally.