Effective In 2023, The Government Continues To Promote Important Benefits Of A Green Economy

Illustration (Photo: Doc. Antara)

JAKARTA – The government through the Coordinating Ministry for Economic Affairs revealed that Indonesia has set a green economy plan as one of the main strategies for economic transformation in the medium to long term.

Coordinating Minister for the Economy, Airlangga Hartarto, said that this effort is expected to accelerate recovery and encourage the creation of inclusive and sustainable economic development.

"One form of green economy that will be carried out is the implementation of a carbon price policy in the form of a carbon cap and trade, as well as a carbon tax scheme in 2023", he said in a press statement quoted Monday, April 25.

According to Airlangga, the role of financing is very vital to fill the financing gap in promoting a green economy.

It was stated that the government had issued an innovative financial instrument in the form of the Green Sukuk to finance the State Revenue and Expenditure Budget (APBN). Then, in 2019 the government also established the Environmental Fund Management Agency (BPDLH) to improve the quality of green financing.

"The government has also stipulated Presidential Regulation Number 98 of 2021 concerning the Implementation of Carbon Economic Values for Achieving Nationally Determined Contribution Targets and Control of Greenhouse Gas Emissions in National Development", he said.

Then, there is Law Number 11 of 2020 concerning Job Creation, which enhances various cross-sectoral laws, especially for the environment and forestry.

"The main purpose of these regulations is to create ease of doing business without compromising standards, safety, security, and environmental sustainability", he stressed.

Airlangga also said that the younger generation who will inherit the Earth is expected to take an important role by becoming agents of change. The way, continued Airlangga, is through organizing collective activities and raising awareness to share knowledge and promote necessary actions for the future.

"The role of the family in teaching the younger generation is critical to the future of our planet. Teaching our children the little things, like recycling, composting or eating more meatless foods will shape their childhood. Young people who are encouraged and supported to volunteer in activities related to the environment by their parents, are likely to carry their experiences into adulthood and also pass them on to their children", concluded Coordinating Minister Airlangga.