Belitung, 7 September 2022 (TDI): Indonesia is all set to present its blue economy roadmap alongside the Development Ministerial Meeting (DMM). The Development Ministerial Meeting of G20 commenced on Wednesday.

It will take place at Belitung from 7th to 9th September. Additionally, DMM 2022 is a part of the Development Working Group’s (DWG) 3rd Meeting, which was held at the start of August.

DMM 2022 will follow up on the results of discussions of the Development Working Group (DWG).

The discussions during the DWG meeting highlighted the G20 Roadmap for ‘Stronger Recovery and Resilience in Developing Countries. Moreover, it saw discussions on Multilateralism for Sustainable Development Goals (SDGs) Decade of Action.

Blue economy roadmap event:

Indonesia will host two side events under DMM 2022 to highlight its blue economy. One is “The Development of Indonesia’s Blue Economic Roadmap”.

The event will take place on 7 September 2022. In drafting Blue Economy Road Map, Indonesia has collaborated with partners including the UN Resident Coordinator, International Labour Organization (ILO), UN Environment Programme, and EcoNusa Foundation.

The deputy for economic affairs at the Ministry of National Development Planning and National Development Planning Agency, Amalia Adininggar Widyasanti also highlighted the importance of this event. She said that this is an opportunity to emphasize the great potential of Indonesia’s maritime economy.

Moreover, the minister said that it would contribute significantly to the recovery and transformation of the national economy.

The second event “Showcasing Session Blue Economy Initiatives” will be held on 8 September 2022.

During the event, participants will discuss optimizing Indonesia’s maritime power. Moreover, it will discuss opportunities for economic recovery and transformation through a blue economy.

The events will also help in promoting Indonesia’s Blue Economy Road Map, to be a forum for sharing the best practices and success stories of countries implementing the blue economy. It will also discuss opportunities for cooperation within the domain of the Blue Economy.

Indonesia’s Blue Economy Development:

Blue Economy Development Framework for Indonesia’s Economic Transformation provides a solid basis for future blue economy policy planning and implementation in Indonesia.

It is based on the idea that as a country with an ocean covering more than two–thirds of its area, building a sustainable ocean economy is vital for Indonesia.

The Indonesian blue economy framework also addresses future challenges, including coastal and natural resource degradation, climate change, and ocean pollution. Moreover, once it starts generating revenue it would channel ocean conservation and encourage sustainable livelihoods for coastal communities,

The framework also elaborates relevant direction of Indonesia’s National Long–term
Development Planning (RPJPN) 2005–2025. Additionally, the framework will highlight maritime awareness among people and the government. It will also observe the development of quality human resources and ocean knowledge.

Indonesia’s framework will also cover the development of the ocean industry including ocean transportation, maritime industry, fishery, marine tourism, ocean–based energy, and mineral resources.
The framework acknowledges that a well–managed ocean–related sector is key to achieving Indonesia’s development agenda.

G20 Indonesia:

Indonesia under its G20 Presidency addresses Global Health Architecture, Sustainable Energy Transition, and Digital Transformation. Moreover, under its “Recover Together. Recover Stronger” slogan, it works for economic recovery in the post-pandemic era.

Indonesia recognizes the importance of collective action and collaboration among states on various issues. Therefore, it has hosted numerous events throughout the year to expand opportunities for cooperation and partnership between states and organizations.

Also Read: Indonesia hosts G20 Digital Innovative Network

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