- Indonesia’s Minister of National Development Planning/Head of the National Development Agency ("Bappenas"), Suharso Monoarfa, issued a statement recently claiming that the emerging green economy offered a great opportunity in terms of the future of the Indonesian economy in the form of new jobs and investment, in addition to helping to reduce the effect of global warming. The minister’s statement is in line with a study conducted by McKinsey which concluded that spending on renewable energy could create five more jobs per million dollars invested than spending on fossil fuels could. Moreover, a recent simulation undertaken by Bappenas found that renewable energy and peatland restoration was likely to lead to the creation of 103,000 jobs annually.
- As a result of this data, Mr. Suharso has concluded that Indonesia’s economic transformation must be directed towards the green economy in order to protect the country’s long-term prosperity. This economic transformation strategy is likely to encompass the following elements: 1) Development of new and renewable forms of energy; 2) Implementation of a circular economy; 3) Establishment of waste and Hazardous and Toxic Waste (B3 Waste) processing facilities; 4) Development of sustainable agriculture; and 5) Restoration of sustainable lands. (ANT)
......
Subscribe to read more legal analysis.
Hukumonline Pro Intelligence
Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda
*Syarat dan ketentuan berlaku
Ada Pertanyaan? Hubungi Kami 
Professional Solutions
University Solutions
Pro
My Workspace
Pro AI
Terfavorit
Allex QnA
Pro Compliance
