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Wednesday, 20 December 2023 12:40

Green economy new opportunity for economic growth: Ministry

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Voinews, Jakarta - The implementation of the green economy is not an obstacle, but a new opportunity for future economic growth, said deputy for economy at the Ministry of National Development Planning, Amalia Adiningrat Widyasanti, on Tuesday.

"When we implement the green economy massively and thoroughly, it will definitely create a new opportunity for Indonesia's economic activities, contributing to economic growth acceleration," she said.

Widyasanti made the statement at the launch of the "Policy Brief of Greenpeace Indonesia and CELIOS: The Fate of the Green Economy Transition in the Political Year".

She explained that in the national long-term plan for 2025–2045, the transition to a green economy involves several main focuses.

The first focus is transitioning toward clean and renewable energy, with the renewable energy mix targeted to reach around 60 percent by 2045.

Second, implementing environmentally friendly transportation, or green transportation. Third, applying a circular economy to industries and people's daily lives.

"The implementation of the green economy is a main focus of the Golden Indonesia (vision), starting from 2025 to 2045, as an integral part of Indonesia's economic transformation efforts," she said.

Regarding the challenges, she emphasized the need to make the necessary preparations, including increasing human resources, adopting clean technology, and expanding the supporting ecosystem through policies and regulations that support the green economy in various sectors.

"Implementing a green economy requires major changes that must be supported by a good ecosystem and joint efforts to achieve sustainable economic growth for the next 20 years," she said.

Several policies, such as increasing energy efficiency, a just energy transition, developing smart grids, and implementing a circular economy, are considered the basis for those changes.

Widyasanti also emphasized the importance of providing fiscal and non-fiscal incentives for environmentally friendly products.

She added that the green economy push is not only limited to the energy transition, but also extends to strengthening other pillars to achieve sustainable economic growth in the next two decades.

Therefore, Indonesia is strengthening its commitment to embrace the green economy as a foundation for economic growth in the future, she added//ANT-VOI

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