Indonesia's "Blue Economy" Roadmap

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Indonesia's "Blue Economy" Roadmap
Indonesia is an archipelagic nation with the sixth-largest exclusive economic zone in the world. Its ocean economy now creates substantial income and jobs. Indonesia's waterways provide business prospects in several fields, including industry, tourism, logistics, and marine living and non-living resources. The ocean economies in Indonesia currently cover traditional industries, with marine capture fisheries, aquaculture, and fish processing accounting for 83 percent of the total value contributed. The growth of Indonesia’s ocean economy yet faces a challenge related to the health of the marine ecosystem, due to poor sustainability in harvesting methods and tourism, pollution, andt he impact of climate change. For the last three years, the coronavirus pandemic has also undermined Indonesia' efforts to achieve sustainable development, especially the achievement of Sustainable Development Goal 14 to protect and sustainably utilize ocean resources.

The sustainable blue economy, which includes new sources of food, medicine, and renewable energy, is increasingly seen as being essential to the future of human security. The High-Level Panel for a Sustainable Ocean Economy's prominent work has amply illustrated the necessity for swift action to preserve the ocean's ability to provide significant economic, environmental, and social value in light of the ocean's potent answers to the world's problems. The fantastic area of Indonesia has a crucial part to play in the growth of the blue economy. The sustainable use of marine and coastal resources is a key component of the region's healthy sustenance and success because so many people in the region depend on them. This need a collaborative action to create significant impact of blue economy development for better livelihood, higher economic growth, as well as quality and sustainable marine and coastal resources.

The Indonesia Blue Economy Roadmap 2023-2045 serves to consolidate the policies, programs and activities supported by all stakeholders and to provide guidance to realize sustainable ocean economies. The roadmap also elaborates the relevant direction of Indonesia's Vision 2045 and relevant policy instruments which provide the basis for its implementation, particularly to realise Indonesia as a sovereign, advanced and resilient archipelagic country. The roadmap defines issues and projections of main Blue Economy's targets and priority sectors supported by forward-looking policie swith strong collaboration among stakeholders. The results are expected to sustain high economic growth based on well managed marine resources, and to allow Indonesia to become an advanced economy.
 

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