Tuesday, September 10, 2024

Bappenas reveals challenges in implementing green development in Indonesia

Reading Time: 2 minutes
Journalist IBP

Journalist

Editor

Interview

The National Development Planning Agency (BAPPENAS) revealed that there are three challenges in implementing green development in Indonesia.

“There are three key problems in implementing environmentally friendly green development in Indonesia,” Vivi Yulaswati, Deputy for Maritime Affairs and Natural Resources at the Ministry of National Development Planning, said at the launch of the Green Academy Development Initiative with the “Building Environmental Planning in Achieving Indonesia’s Golden Vision 2045” team on Wednesday, May 22, 2024.

First is the lack of capacity and decision-making process to plan and implement green development policies.

Currently, Indonesia has problems in the context of capacity and of course the decision-making mechanisms and processes are still at the macro level and fail to address fundamental problems, Vivi said.

Second, demand for environmentally friendly investments is high in the transition towards low-carbon and climate-resilient development.

According to Vivi, Indonesia currently needs to implement practices and investments that lead to environmentally friendly development while undergoing a transition process, implementing an environmentally friendly and low-emission economy.

Apart from that, the transition also includes skills and workforce in filling green jobs.

“We need quite large investments, such as various financing innovations, collaboration schemes, blended finance, and so on,” she said.

The third challenge is the gap in obtaining environmentally friendly technology and innovation to support the implementation of sustainable green development in the future.

Vivi said that response to the third challenge will require research and technological development, which is encouraged by supporting regulations and institutions.

“We are expected to address the issue of gaps in technology mastery…but admitting that its acquisition certainly requires the hands of university friends to also develop capacity in the context of technology mastery and innovation,” she said.

Meanwhile, judging from the implementation of green development in other countries, there are several key factors that slow down environmental issues which are seen from the aspects of technical expertise and institutional capacity that must be optimal, including the quality of research, data and governance.

Journalist IBP

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

The Energy Market Authority (EMA) of Singapore has granted Conditional Approval (CA) to TotalEnergies and Royal Golden Eagle RGE (RGE) to supply 1.0 gigawatt (GW) of solar photovoltaic (PV) power from Indonesia to Singapore through their joint venture, Singa Renewables Pte Ltd (Singa).
Indonesia’s Upstream Oil and Gas Regulatory task Force (SKK Migas) has struck a deal with China’s state-owned oil and gas company, Sinopec, to enhance Indonesia’s upstream oil and gas sector through advanced technologies and innovative approaches.
Ministry of Energy and Mineral Resources (ESDM) has offered coal downstreaming development projects to China, marking a significant step in the country’s commitment to reducing greenhouse gas emissions.
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, invited Chinese businesses to invest in Indonesia’s renewable energy sector, highlighting projects such as the Kayan and Mamberamo hydropower plants.
State-owned Chinese oil and gas company Sinopec is scheduled to visit Indonesia this month to explore the application of new technologies aimed at enhancing oil and gas production in the country, primarily on the application of enhanced oil recovery (EOR) technology to boost output in five key fields operated by Pertamina.
A subsidiary of State-owned company PT Pertamina International Shipping (PIS), PT Pertamina Energy Terminal, has reported progress in the second phase of constructing its liquified petroleum gas (LPG) refrigerated terminal in Tuban, East Java