The Jakarta Post reports that local banks are set to tighten debt lending for real estate and property in low-lying coastal areas due to fears of sea-level rise triggered by climate change. Incentive and environmental funds officer Laksmi Dhewanthi (an assistant to the deputy environment minister) told a seminar that many local banks were planning to reassess prices of collateral assets in coastal areas, which covering 81,000 kilometres is the second largest in the world. Laksmi also said local banks are considering pro-environment policies before approving loans and are showing an interest in learning more form their department. More here.