"These economic opportunities are built upon a foundation of natural assets: mangroves, coral reefs, and seagrasses, among other valuable ecosystems.'
Indonesia’s blue economy initiatives include: (1) improved fisheries management, (2) development and integration of spatial plans, (3) expansion of marine protected areas, (4) a national action plan for marine debris, (5) an integrated and sustainable tourism development program.
Oceans are vital for Indonesia’s economy and social welfare. However, there are challenges to the extent and integrity of Indonesia’s marine and coastal ecosystems that, if not managed well, could undermine the potential of Indonesia’s ocean economy. Compounding these long-term challenges are more immediate pressures from the COVID-19 pandemic. Both long and short-term challenges can be addressed through a blue economy strategy; such a strategy is being pursued by the Government of Indonesia through a range of initiatives. Developing a blue economy will require substantial investments and policy reform that build on these initiatives.
The Executive Summary is part of the report titled Oceans for Prosperity: Reforms for a Blue Economy in Indonesia. To access the full report, click HERE.