The Government of Indonesia in collaboration with its partners hosted the 3rd Coral Triangle Regional Business Forum on March 24-26, 2013 in Bali Indonesia. Read More...

Directorate General of Marine, Coast and Small Islands Affair
Minister of Marine Affairs and Fisheries
Mina Bahari II Building 17 Floor
Jl. Medan Merdeka Timur No. 16 Jakarta Pusat
Phone : (62) 21 386 0532 Fax : (62) 21 386 0532
Email : Secretariat@ctirbf2013.com

 

 

The Government of Indonesia in collaboration with its partners hosted the 3rd Coral Triangle Regional Business Forum on March 24-26, 2013 in Bali, Indonesia. The forum aimed to engage with the private sector in creating innovative business solutions that are both economically profitable and environmentally sustainable. The forum promotedBlue Economy to help marry Profit and Sustainability.

The Coral Triangle Regional Business Forum

For the past two years, CTI-CFF and its partners have organized the Coral Triangle Regional Business Forum to engage with the private sector in creating innovative business solutions that are both economically profitable and environmentally sustainable. In just a short span of time, this regional platform has opened a number of business opportunities that address increasing market demand for environmentally sustainable products and services, while focusing on the Coral Triangle's rich but highly threatened marine resources.

Both events, the first one held in Manila, Philippines in 2010 and the second one in Kuala Lumpur, Malaysia in 2011, have paved the way for increased "green" investments, or more fittingly, blue investments in the Coral Triangle by establishing multi-sectoral partnerships between business and industry, governments, NGOs, financial institutions, and academia, among others, to cultivate socio-economic growth in this rapidly developing region.

Attended by hundreds of leaders from different sectors and industries (including Google USA, Nokia, Shangri-La Hotels, TESCO chain stores, and many more), this yearly event was created as a regional platform to help safeguard the long-term profitability of businesses, the sustainability of this region's finite marine resources, and the well being of the millions of people who directly depend on the Coral Triangle for food and livelihood.

Catalytic Outcomes

Since its inception, this platform has seen fishing companies, seafood retailers, and travel and tourism operators in the Coral Triangle publicly announce concrete steps to reduce their impact on the marine environment by adopting more responsible business practices.

The forum has also recognized several notable Public-Private Partnerships between large-scale companies, NGOs, local communities, and governmental agencies that aim to improve marine resource use and management, be it adopting more rigorous operating standards, employing sustainable sourcing policies, or financing grassroots activities that benefit both the people and environment.

Directorate General of Marine, Coast and Small Islands Affair
Minister of Marine Affairs and Fisheries
Mina Bahari II Building 17 Floor
Jl. Medan Merdeka Timur No. 16 Jakarta Pusat
Phone : (62) 21 386 0532 Fax : (62) 21 386 0532
Email : Secretariat@ctirbf2013.com

 

 

Seaweed Suitable for Indonesia's Blue Economy - Jan 2, 2013, bernama.com
http://www.bernama.com/bernama/v6/newsworld.php?id=918907


Bali has potential for "blue economy" development - Dec 31, 2012, thejakartapost.com
http://www2.thejakartapost.com/bali-daily/2012-12-31/bali-has-potential-blue-economy-development.html


Profit, sustainability in the Coral Triangle - March 6, 2013, thejakartapost.com
http://www.thejakartapost.com/news/2013/03/06/profit-sustainability-coral-triangle.html


WWF urges government to support 'blue economy' initiative - March 9, 2013, thejakartapost.com
http://www.thejakartapost.com/news/2013/03/09/wwf-urges-govt-support-blue-economy-initiative.html

 

Blue Economy Challenges in Indonesia

Indonesian President, Susilo Bambang Yudhoyono, first announced the Blue Economy concept in his speech "Leaders Valuing Nature" at the Rio+20 meeting in Brazil last June 2012. Blue Economy has become a new strategy for Indonesia's development policy that prioritizes natural resources for economic growth, social welfare, and environmental sustainability.

Responding to this initiative, Indonesia's Ministry of Marine Affairs and Fisheries (MMAF) in collaboration with WWF, conducted a Blue Economy Seminar on 4 December 2012, in Bandung West Java. The seminar introduced the Blue Economy concept to private sectors, academicians, and university students as well as launched the 3rd Coral Triangle Regional Business Forum, which will be held on 24 to 26 March 2013 in Denpasar, Bali (www.ctirbf2013.com). The Regional Business Forum will invite members of the private sector from the Coral Triangle region, which includes Indonesia, Malaysia, Papua New Guinea, the Philippines, Solomon Islands, and Timor Leste.

Professor Dietrich Bengen from Bogor Agriculture Institute gave the introduction of Blue Economy: "Some people used to be misled, saying that Blue Economy is for oceans and Green Economy for terrestrials. It is not true, both marine and terrestrial-based industries can expand their businesses, applying the Blue Economy concept."

The Directorate-General of the Marine, Coastal and Small Island, represented by Agus Dermawan, the Director of Utilization of Coastal and Small Island, presented the opportunities of Blue Economy implementation in marine and fisheries business sector:

"The government strongly supports industries to implement the Blue Economy. In fact, we have also implemented a pilot project of Blue Economy called Minapolitan Program, which is being conducted in some areas."

Daniel Rembeth, the senior advisor of Berita Satu media group was the moderator in the first session of the seminar:

"I am very happy to be invited as the chair in this seminar. I think it is very important for private sectors to know more about Blue Economy because they can build new businesses when they think in creative ways to use natural resources."

The business and industry sector can lead the development of a Blue Economy as they can use what they have in their businesses to make products that can benefit both people and nature. Rosdinal Salim of the Chamber of Business and Industry of Indonesia (KADIN) shared some opportunities and challenges that need to be addressed together by stakeholders and how the government can help facilitate private sectors to implement this creative concept in the future. He proposed that the government, or any regulating body, should create a good investment atmosphere by improving infrastructure, supporting incentives and subsidies, and also creating a well-educated human resources that can come up with new innovations and technology to manage natural resources more efficiently and effectively.

"The Private sector is ready to support the implementation of a Blue Economy. Government should also support us to provide proper infrastructures and support regulations such as incentives for entrepreneurs," said Rosdinal.

To further drive the need for a Blue Economy, Dr. Lida Pet-Soede, WWF Coral Triangle Global Initiative Leader, shared facts on how natural resources are getting depleted amidst population growth:

"It now takes 1.5 planets to provide food for humans. We only have one planet. Where will we find another half to meet the food demands of present and future generations?"

Our one and only planet can no longer support food security for future generations. Innovations are urgently needed to answer the challenge of how to get present benefits, while securing food for future generations.

The seminar also invited students to provide creative business ideas that can be implemented by the private sector. Some students came up with ideas around waste management, while others developed business plans and communication strategies. At the end of the group discussion, students agreed that the government should invest in human resources to do some research and create technologies and innovations to support creative ideas around the Blue Economy.

Towards this end, the Coral Triangle Initiative National Coordinating Committee of Indonesia is now inviting students from Indonesia to submit essays that outline creative business ideas that can be implemented by the private sector. This essay competition will be open until the end of February 2013.

For further information, please contact:

Dewi Satriani
Marine Communication Manager
WWF-Indonesia
Graha Simatupang Tower 2 Unit C
Jalan Letjen TB. Simatupang, Jakarta 12540
Telp/Fax: 021-7829426-29/021-7829462
HP: 0811910970
Email: dsatriani@wwf.org

Directorate General of Marine, Coast and Small Islands Affair
Minister of Marine Affairs and Fisheries
Mina Bahari II Building 17 Floor
Jl. Medan Merdeka Timur No. 16 Jakarta Pusat
Phone : (62) 21 386 0532 Fax : (62) 21 386 0532
Email : Secretariat@ctirbf2013.com

 

Directorate General of Marine, Coast and Small Islands Affair
Minister of Marine Affairs and Fisheries
Mina Bahari II Building 17 Floor
Jl. Medan Merdeka Timur No. 16 Jakarta Pusat
Phone : (62) 21 386 0532 Fax : (62) 21 386 0532
Email : Secretariat@ctirbf2013.com