Indonesia, Sweden agrees to develop the roadmap for the blue economy

Indonesia, Sweden agrees to develop the roadmap for the blue economy

Indonesia and Sweden have agreed to develop the roadmap for the blue economy

Jakarta (ANTARA) – Indonesia and Sweden have agreed to cooperate and develop a roadmap for the blue economy as a new source of economic growth.

Indonesia’s Minister for National Development Planning and Head of the National Development Planning Agency (Bappenas) Suharso Monoarfa, Sweden’s Infrastructure Minister Thomas Eneroth and Sweden’s Environment / Deputy Prime Minister Per Bolund recently reached an agreement in Stockholm, Sweden.

In a statement here on Wednesday, Monoarfa said that both countries face similar opportunities and challenges in developing a blue economy as the basis for national development.

“Indonesia and Sweden have agreed to develop the roadmap for the blue economy, as part of efforts to accelerate economic transformation towards more inclusive and sustainable growth,” he added.

Indonesia could learn from Sweden, which has successfully developed a strategy for the blue economy, which includes a strategy for blue growth and marine spatial planning, in line with the agenda for the 26th UN Climate Change Conference (COP26) to be held in Glasgow, Scotland, UK in November this year, he noted.

Related news: Indonesia, Sweden sign a joint statement on blue economy cooperation

The blue economy is a strategy to transform Indonesia’s economy based on the economic value of its marine resources, Monoarfa explained.

It would add value to Indonesia’s supply chain for marine resources, and therefore it would accelerate economic growth, improve human welfare and preserve the environment, he said.

The development of the blue economy is based on three pillars – healthy marine environment, competitive sea-based industry and attractive coastal area, the minister added.

The blue economy covers various sectors including fishing, marine product processing industry, maritime logistics, trade and shipbuilding industry, he informed.

It also includes marine-based tourism, biotechnology, renewable energy, management of marine resources and human resources, he added.

Indonesia and Sweden will begin their cooperation with the implementation of the Sweden-Indonesia Sustainability Partnership at the end of November this year, he informed.

Indonesia will address the issue of leadership in the blue economy at the G20 2022 event and make it a priority agenda for the G20 Development Working Group (DWG), Monoarfa said.

Related news: The Ministry of Maritime Affairs focuses on maintaining marine ecology


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