Executive Summary - Oceans for Prosperity: Reforms for a Blue Economy in Indonesia

"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.

Learning Mode:
Knowledge Note
Topics: Coronavirus (COVID-19), Pandemics, Coastal and Marine Ecosystems, Ecosystems, Healthy Oceans, Blue Growth, Coral Reef Conservation, Integrated Coastal Zone Management, Marine Protected Areas, Capture Fisheries, Ocean Pollution, Marine Solid Waste Debris, Environment, Natural Resources and Blue Economy, Waste Pollution in Water, Medical Waste, Waste Generation, Aquaculture, Spatial Growth, Tourism Value Chain, Economic Growth Policy, Fiscal Policy and Growth, Fiscal Policy, Environmental Sustainability, Cost Recovery for Waste Management, Environment, Economic Growth, Urban Solid Waste Management and Cleaning Services, Natural Habitats, Climate Change Adaptation in Coastal and Marine Areas, Climate Change Adaptation, Climate Change, Water Resources and Climate Adaptation
Regions:
East Asia and Pacific
GP:
Environment & Natural Resources
Keywords:
Disruptive Technology, Indonesia, Asia Pacific, fisheries management, Sustainable Tourism, Spatial Planning, Ocean, healthy ecosystems, Coral Reefs, Fisheries, Environmental Sustainability, sustainable ocean economy, marine spatial planning, marine plastic debris, medical waste, coastal clean-ups, Marine Debris, marine environment, plastic debris, Fisheries & Aquaculture, Environment, Sustainable Investment, coastal and Marine Resources, Coastal Ecosystems, Blue Economy, marine protected areas, Ocean Ecosystems, Oceans, Marine Pollution, marine litter, Water Resources, aquaculture, Ecosystems and Natural Habitats, Tourism, Coral Reef, Covid-19, bio-medical waste
Language:
English