Time of Event

08:30–17:20 Jakarta time

Summary

Prioritizing and fully embracing low-carbon green and blue development is crucial for all stakeholders, especially for nations rich in land and oceanic resources, due to the growing importance of sustainability. Preserving soil and marine ecosystems is vital for economic progress, human well-being, and the mitigation of climate change risks. To achieve sustainable progress, nations must adopt and implement green and blue development strategies, which require efficient financial resource allocation and are particularly crucial given the fiscal strains from the COVID-19 pandemic. Meticulous financial planning is necessary for the success of such initiatives.

It is essential for a broader societal segment to recognize their role in green and blue development, with greater collaboration among policy makers to work toward common goals. In response to these needs, the Asian Development Bank Institute is collaborating with the University of Indonesia’s Institute for Economic and Social Research (LPEM UI) and the University of Tokyo’s Graduate School of Public Policy (GraSPP) to organize a workshop with three sessions focusing on critical aspects of green and blue development and sustainable finance.

Session 1: Advancing the Sustainable Finance Agenda in Asia

This session explores sustainable finance's multifaceted approach, aligning financial practices with long-term sustainability and positive societal and environmental outcomes.

Session 2: Cultivating a Green and Blue Economy

Discussing policy coordination, regulatory frameworks, technological innovation, stakeholder engagement, and collaboration, this session aims to foster a resilient and inclusive green and blue economy in Asia, vital for sustainable resource utilization and economic growth.

Session 3: Sharing Country Experiences in Green and Blue Development

This session facilitates knowledge exchange among Asian practitioners, uncovering challenges and partnership opportunities in green and blue development initiatives.

Objectives
  • To increase awareness of green and blue development among policy makers, practitioners, and academics
  • To share knowledge and experiences among stakeholders from Asia on the topic of sustainable finance for green and blue development
  • Strengthen the capacity building of Indonesia and other Asian countries and promote partnership opportunities to enhance sustainable and inclusive development in Asia through responsible and sustainable financing
Target Participants
  • Policy makers, practitioners, and academics from Indonesia, Japan, and other Asian countries
How to Register
  • By invitation or prior arrangement with ADBI
Partners
  • Institute for Economic and Social Research, Faculty of Economics and Business, University of Indonesia (LPEM FEB UI)
  • Graduate School of Public Policy (GraSPP), University of Tokyo
  • Toshiba International Foundation
Event Presentations*
Indonesia-Japan Policy Research Forum for Asia Sustainable Finance for Green and Blue Development in Asia
Presenter: Taishin Noble, Graduate Student, GraSPP, The University of Tokyo
Slide
The Development of a Green and Blue Economy in Indonesia
Presenter: Vivi Yulaswati, Deputy Minister for Maritime and Natural Resources, Ministry of National Development Planning/Bappenas
Slide
Sustainable Finance Agenda and the Development for Green and Blue Economy in Asia
Presenter: Sri Mulyani Indrawati, Minister of Finance of Republic of Indonesia
Slide
BSP Perspective: Advancing Green and Blue Development Agenda Through Sustainable Finance
Presenter: Ma Ciefrel Desquitado
Slide
Sustainable finance trend in Japan
Presenter: Mami Negishi, Managing Director Sustainability Solutions Department
Slide
The Trend of Blue Economy, Blue Finance, and Blue Impact Finance
Presenter: Michael C. Huang, Senior Research Fellow, Ocean Policy Research Institute of the Sasakawa Peace Foundation
Slide
Indonesia's Inequality Landscape and the Role of Marine Protected Areas
Presenter: Muhammad Hanri, Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)
Slide

*Disclaimer: The views expressed in these presentations are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in these presentations and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.

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