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The Indonesian government has established a green economy to implement sustainable economic transformation towards its Golden Vision in 2045. The Low Carbon Development and Climate Resilience support the Green Economic Transformation to boost Indonesia’s economic growth and achieve net zero emissions by 2060 or earlier. The green economic interventions through Low Carbon Development and Climate Resilience offer a GDP growth in 2025-2045 of 6.22%. The Green Economy will also provide a stepping stone to objectively and systematically achieve sustainable development and net zero emission targets that contribute to a better world future and realize Indonesia’s Vision in 2045 as a “Sovereign, Advanced and Sustainable Archipelago”.
In realizing a green economy, implementing low-carbon development is necessary to reduce the negative impacts of extractive economic development. Apart from that, implementing a circular economy is also a fundamental paradigm, with an emphasis on resource efficiency, reducing waste generation and greenhouse gas emissions, with policy expansion towards 10R (refuse, rethink, reduce, reuse, recycle, repair, refurbish, remanufacture, repurpose, recycle, and recover).
Support from all parties in developing and implementing technology and innovation that can accelerate the implementation of the development transition towards a green economy and circular economy is vital. Various initiatives have been carried out, both from the government side, which continues to develop regulations, policies and enabling conditions, as well as from initiatives from the private sector and society, which need to continue to be encouraged and strengthened so that a comprehensive and robust ecosystem is built through multi-stakeholder collaboration. Often, existing technology and innovation still need to be fully known by those who need it, and support is still needed for development towards a more impactful scale.
To facilitate all related stakeholders’ discussions and collaborations directly regarding technology and innovation, the Ministry of National Development Planning/Bappenas is thrilled to announce the upcoming Expo and Conference entitled “Green Economy Expo: Advancing Technology, Innovation, and Circularity.” This event presents a unique opportunity for all of us to learn, grow, and contribute to advancing our shared goals.