Jakarta (ANTARA) - Indonesia wants to become a major power in blue economy development at the global level so that the blue economy can become a new source of growth, National Development Planning Minister Suharso Monoarfa has said.

"Indonesia wants to lead the blue economy development on the global agenda,” Minister Monoarfa said at the G20 Development Ministerial Meeting, according to a statement released here on Wednesday.

Indonesia will raise discussions on the blue economy during its presidency of the G20 in 2022 and leadership of ASEAN in 2023, he added.

This is because Indonesia has potential for blue economy development, although it still needs to be developed further with the help of policies. However, blue economy itself has become a part of Indonesia's economic transformation agenda, as stated in Vision 2045, he noted.

The development of the blue economy would drive inclusive and sustainable future economic growth at both the domestic and global levels, he opined.

"Indonesia can contribute to the blue economy to push for recovery and improve global prosperity," the minister said.

So far, Indonesia has taken some measures to lay a good foundation for planning and implementing blue economy policies, such as the preparation of the Indonesia Blue Economic Development Framework.

The framework document was prepared with the support of the Organization for Economic Co-operation and Development (OECD). The document envisages an integrated and comprehensive approach, which takes the enormous potential of marine resources in Indonesia into account.

The ministry is currently preparing a blue economy road map that covers key strategies and initiatives for Indonesia to balance conservation and the sustainable use and management of marine and coastal resources.

"The blue economy road map is expected to facilitate collaboration across sectors and stakeholders in creating prosperity for the people," Monoarfa added.

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Translator: Astrid F H, Mecca Yumna
Editor: Sri Haryati
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