"If we talk about food resilience, marine issues will be important for all of us. We must imagine, if one day, humans can no longer get food on land, where will they go? Certainly, (they will venture in) to the sea," the ministry's Deputy for the Maritime and Energy Sovereignty Coordination Basilio Dias Araujo said while speaking at "Blue Finance Accelerator Program Kick-off and Consultation Program for the Blue Economy Development in Indonesia" seminar here, Tuesday.
He said that the blue economy, including blue funding, can bolster efforts to protect the sea and residents whose life depends on the sea.
The blue economy sector has become more attractive and more financial opportunities in the sector have been opened, he stated.
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Araujo noted that the coordinating ministry had developed several instruments to monitor economic development relevant to the blue economy sector, such as indexes on blue economy and blue economy companies.
He pointed out that the blue economy company index will become the indicator to examine companies' compatibility with blue economy standards.
"Later, we will develop the instrument further to monitor the categorization. We will collaborate with the national accreditation commission to certify companies that have fulfilled criteria on the blue economy," Araujo remarked.
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The coordinating ministry's deputy emphasized that proper management was indispensable in the efforts to develop the blue economy in order to ensure its benefits for the environment, marine health, and economy to bolster the residents' prosperity.
"Blue economy and healthy sea have essential roles in the global economic system to rebuild the residents' prosperity and well-being from the sea and recover biodiversity and marine health," he remarked.
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Translator: Ade Irma Junida, Nabil Ihsan
Editor: Fardah Assegaf
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