Webinar: Identifying Priority Sectors in the Blue Economy Development in Indonesia

Date and Time: April 26, 2024 from 4:00pm HST

Indonesia has been promoting the development of a blue economy framework to leverage its rich maritime potential as a driver of sustainable economic growth and transformation to become a high-income economy. During its 2023 ASEAN chairmanship, Indonesia invited all ASEAN member states to work together to unleash the economic potential of the blue economy. To support this initiative, the Indonesian government has ratified a maritime spatial planning system for sea use and formulated the Blue Economy Index. Currently, tourism and fisheries are the largest contributors to the blue economy. Nevertheless, the blue economy concept is evolving, encompassing emerging subsectors such as aquaculture, renewables, and marine manufacturing. For Indonesia, there are some challenges facing its blue economy development. This includes complex implementation challenges of the new laws, institutional capacity to enforce the regulations, overfishing, climate change, and diverse stakeholders’ interests. All these exacerbate social risks and environmental threats that need to be carefully thought out by policymakers. In this seminar, Dr. Amalia Adininggar Widyasanti, Deputy Minister for Economic Affairs, Ministry of National Development Planning/Bappenas will shed light on Indonesia’s blue economy programme and discuss some priority sectors and challenges to accelerate investment in the sector. She will also present some policy insights from the technocratic perspectives on how the blue economy agenda is linked to Indonesia’s Golden 2045 Vision.

Register Online:

https://us06web.zoom.us/webinar/register/5217107230638/WN_x0ol5hxFRZ2gzbfE_-MnnA#/registration