A Literature Review on Strategies for Integrating Blue and Green Economies in Eastern Indonesia

Mohamad Iqbal Nikmatullah () and Jusni Jusni
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Mohamad Iqbal Nikmatullah: Hasanuddin University, Department of Economics
Jusni Jusni: Hasanuddin University, Department of Economics

A chapter in Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024), 2025, pp 1079-1084 from Springer

Abstract: Abstract This essay offers a thorough analysis of the literature on the subject of regional development banks’ (RDBs’) contribution to sustainability in Eastern Indonesia by integrating the blue and green economies. RDBs are essential financial intermediaries that can help finance eco-tourism, green agriculture, sustainable fisheries, renewable energy, and other areas of sustainable economic development. The analysis emphasizes the main tactics used by RDBs to support environmental sustainability, such as the financing of green and blue initiatives and the coordinating of bank policies with regional sustainability objectives. Notwithstanding advancements, obstacles including budgetary limitations, institutional restraints, and regulatory hurdles continue to hinder RDBs’ ability to effectively spearhead all-encompassing sustainability initiatives. In order to maximize the potential of RDBs, the report ends with some strategic recommendations. These include utilizing global alliances and strengthening legal frameworks to hasten the merging of the blue and green sectors. These observations are meant to serve as a starting point for further study and policy-making regarding RDBs’ contributions to sustainable development in emerging markets.

Keywords: Regional Development Bank; Green Economy; East Indonesia; Sustainable (search for similar items in EconPapers)
Date: 2025
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DOI: 10.2991/978-94-6463-758-8_88

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