Developing the Blue Economy in Indonesia

Canyon Keanu Can and Teguh Dartanto
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Canyon Keanu Can: Faculty of Economics and Business, Universitas Indonesia

No PB-2023-05, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: During Indonesia's chairmanship of ASEAN in 2023, it has highlighted the blue economy as a key sector for the region's sustainable future. A greener and bluer economy requires both environmental and societal balance. In prioritising the sector, Indonesia recognises both the steep challenges and the abundant potential associated with the blue economy, alongside the need for international and inter-sectoral cooperation to fully leverage the sector's capacity for a more inclusive and equitable future. This brief explores Indonesia's existing progress in harnessing its blue economy, what challenges lie ahead, and what strategic initiatives Indonesia must undertake to pave a pathway towards a blue economic transformation.

Pages: 4 pages.
Date: 2023-08-02
New Economics Papers: this item is included in nep-env and nep-sea
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Citations: View citations in EconPapers (2)

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