Jakarta (ANTARA News) - Indonesia should adopt green economic policies to ensure the sustainability of its economic growth, an international meeting on green economics here concluded.

The meeting discussed green economics and how to promote and build awareness of the concept through the Association of Southeast Asian Nations and East Asia member countries.

The discussion was organized jointly by The Economic Research Institute for ASEAN and East Asia (ERIA), Institute of Developing Economies (IDE-JETRO), Japan and the United Nations Industrial Development Organization (UNIDO), according to a United Nations Information Center release Monday.

The experts at the meeting agreed that Indonesia should apply green economic projects as an important means to influence their economic activities, like economic growth, industrialization pattern and regional economic cooperation and integration in South-east and East Asia.

The meeting`s participants also discussed how enterprises and governments in both South-East and East Asia countries need to reorganize the development of their industrial sectors` competitiveness.

They also noted that development of the green economic concept should be preceded by interaction among the officers and citizens. Green economics was believed to have an effect on energy efficiency, efficient resource utilization, industrial upgrading and diversification as well as development of regional markets.

Those benefits from the green economy were aimed at narrowing supply and demand conditions of the development gap in the region.

Green economics is an economic development model based on sustainable development and ecological economic knowledge and also the result of human well-being in reducing environmental risks and ecological scarcities while conducting economic activities.

Editor: Priyambodo RH
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