Developing Green Defence Financing for Indo-Pacific Maritime Security Resilience

Purpose: To conceptualise a sustainable defence financing model by embedding green finance principles into maritime security frameworks in the Indo-Pacific, where ecological vulnerability and geopolitical pressures are intensifying. Study Design/Methodology/Approach: A descriptive qualitative approach is adopted to explore secondary sources comprising policy documents, multilateral reports, and scholarly literature. Institutional Theory and Resource-Based Theory guide the analytical lens to examine how legitimacy, regulatory adaptation, and internal capacities shape green-oriented defence mechanisms. Findings: Defence financing strategies that align with ESG principles offer a pragmatic response to regional instability and environmental threats. Key mechanisms identified include the issuance of green bonds, development of low-emission technologies, ESG-based procurement criteria, and collaborative financing through regional platforms. Successful integration depends on institutional coherence and innovation capacity across defence and financial sectors. Originality/Value: Introduces a novel intersection between green finance and defence strategy within Indo-Pacific policy discourse. Provides an interdisciplinary model that reframes defence financing as both a geopolitical instrument and a sustainability lever, offering actionable insights for national governments, financial institutions, and multilateral bodies.

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Publication Details

Journal
Jurnal Lemhannas RI
Published
2025-03-30
DOI
https://doi.org/10.55960/jlri.v13i1.1060
Primary Topic
Economic and Technological Innovation
Type
article
Field-Weighted Citation Impact
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article

Developing Green Defence Financing for Indo-Pacific Maritime Security Resilience

Tímea Gál, Rizki Briandana, Lucky Nugroho, Achmad Jamil et al.
1 links
Jurnal Lemhannas RI
Economic and Technological Innovation
article

Developing Green Defence Financing for Indo-Pacific Maritime Security Resilience

Tímea Gál, Rizki Briandana, Lucky Nugroho, Achmad Jamil, Reni Mayerni
article en

Abstract

Purpose: To conceptualise a sustainable defence financing model by embedding green finance principles into maritime security frameworks in the Indo-Pacific, where ecological vulnerability and geopolitical pressures are intensifying. Study Design/Methodology/Approach: A descriptive qualitative approach is adopted to explore secondary sources comprising policy documents, multilateral reports, and scholarly literature. Institutional Theory and Resource-Based Theory guide the analytical lens to examine how legitimacy, regulatory adaptation, and internal capacities shape green-oriented defence mechanisms. Findings: Defence financing strategies that align with ESG principles offer a pragmatic response to regional instability and environmental threats. Key mechanisms identified include the issuance of green bonds, development of low-emission technologies, ESG-based procurement criteria, and collaborative financing through regional platforms. Successful integration depends on institutional coherence and innovation capacity across defence and financial sectors. Originality/Value: Introduces a novel intersection between green finance and defence strategy within Indo-Pacific policy discourse. Provides an interdisciplinary model that reframes defence financing as both a geopolitical instrument and a sustainability lever, offering actionable insights for national governments, financial institutions, and multilateral bodies.

Jurnal Lemhannas RIVol. 13(1)
University of Debrecen (HU), Mercu Buana University (ID), Andalas University (ID)
Openalex Percentile: Top 77%
Economic and Technological Innovation
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