There are similarities between a green economy and a blue economy. Both foreground the principles of minimizing waste, enhancing the zero waste mission, and supporting the 3R (reduce, reuse, and recycle).
Jakarta (ANTARA) - The government's efforts to attract investment will not be in contravention to the principles of green and blue economy for achieving sustainable economic growth, the Presidential Office (KSP) said.

Clarifying the concept of green economy mentioned by President Joko Widodo in his state address on Monday, the Office's third deputy chief expert, Bustanul Arifin, explained that green economy refers to economic development that focuses on sustainability.

In a written statement received here on Tuesday, Arifin said that blue economy refers to economic development that focuses on improving people's well-being and social equality, while at the same time, reducing environmental risks and ecological scarcity.

"Operationally, the green and blue economic strategy are always applied in the field, with emphasis on the uniqueness of specific locations and social systems that surround it," he explained.

"There are similarities between a green economy and a blue economy. Both foreground the principles of minimizing waste, enhancing the zero waste mission, and supporting the 3R (reduce, reuse, and recycle)," he pointed out.

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"Every two years Indonesia conveys the progress of periodical achievements of all SGD objectives in a Voluntary National Review (VNR). The last VNR in 2021 has been delivered through the High-Level Political Forum (HLPF) on Sustainable Development with 44 other countries in the world, and the delivery is available online and publicly accessible," he informed.

Indonesia is also committed to implementing all 17 points of the Sustainable Development Goals (SDGs), he affirmed.

In his state address at the annual session of the People's Consultative Assembly (MPR) and the joint session of the House of Representatives (DPR) and the Regional Representatives Council (DPD) on Monday, the President had touched on sustainable green and blue economy while discussing the investment and collaboration ecosystem in the business world for strengthening economic advancement based on innovation and technology.

During the first half of 2021, he informed, the realization of investment, excluding the upstream oil, gas, and financial services sector, reached at least Rp442.8 trillion, with 51.5 percent of the investment in regions outside Java and 48.5 percent in Java.

The investment absorbed more than 620 thousand Indonesian workers, he said.



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Translator: Indra P, Kenzu T
Editor: Rahmad Nasution
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