Blue economy gives hope in Indonesia
Indonesia can serve as a model for the development of the blue economy by showing how its vast marine resources can be used to drive a sustainable economic recovery, analysts have said.
This is all the more crucial as the country holds the presidency of the Group of 20 nations this year, with a leaders’ summit in November. As an archipelagic nation, Indonesia should lead the way by proposing concrete actions that will protect the oceans.
Indonesia’s Ministry of National Development Planning hosted a G20 side event earlier this month to showcase the country’s blue economy roadmap.
The blue economy refers to a branch of the economy that concerns the exploitation, preservation and regeneration of the global marine environment.
Indonesia encourages other G20 countries to support joint action in prioritizing green and blue low-carbon economic development.
The development of the blue economy is “highly relevant” for Indonesia as it is one of the largest maritime economies in the world, according to Fajar Hirawan, head of the economics department at the Center for Strategic and International Studies, a think tank in Jakarta.
He said it was a good time to exploit its maritime resources as the Indonesian government focused on an economic rebound.
“Indonesia must come up with concrete actions and plans to promote blue economy and show the world that Indonesia can have a more inclusive and sustainable growth model,” Hirawan said.
The Indonesia Ocean Justice Initiative, or IOJI, is also urging the country’s President, Joko Widodo, to take concrete actions that will protect the world’s oceans through “tangible commitments” that will accelerate the development of a sustainable ocean economy. and fair.
Respect the commitment
Sawidji Widoatmodjo, Dean of the Faculty of Economics and Business at Tarumanagara University in Jakarta, said promoting blue economy will enable Indonesia to fulfill its commitment to the United Nations Sustainable Development Goals , or SDGs.
He said these SDGs include Goal 8, to promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all; Goal 14, to conserve and sustainably use the oceans, seas and marine resources for sustainable development; and Goal 17, strengthen the means of implementation and revitalize the global partnership for sustainable development.
The goals, which were endorsed in 2015 by 193 UN member states, aim to solve the world’s most pressing problems by 2030.
Indonesia’s Ministry of Maritime Affairs and Fisheries discussed three blue economy strategies and action plans at the G20 side event, held on the western island of Belitung from Indonesia.
Indonesia has 28.4 million hectares of conservation areas that protect mangrove ecosystems and seagrass beds.
Widoatmodjo said that to promote a blue economy, Indonesia must learn from its mistakes in managing land resources, citing how the country’s logging and charcoal exports have contributed to deforestation.
Leonard Jegho in Jakarta contributed to this story.