Mandalika Example of Blue Economy
The National Development Planning Agency (Bappenas) discussed the topic during this year's Sustainable Development Goal conference themed "Marine Sustainability to Improve Welfare and Reduce Inequality."
Indonesia's Blue Economy is in sync with key sustainable development goals, namely affordable and clean energy as well as industry, innovation and infrastructure, and life below water. It also complies with the national development agenda in strengthening the coastal economy, improving human capital and promoting economic independence.
President Joko Widodo has been advancing maritime policies since taking office in 2014 with the Mandalika Special Economic Zone (SEZ) considered an excellent example of Blue Economy implementation.
The Blue Economy goes beyond viewing the ocean economy solely as a mechanism for economic growth. In the ‘business-as-usual’ model, large-scale industrial nations have seen the development of their ocean economies through the exploitation of maritime and marine resources – for example through shipping, commercial fishing, and the oil, gas, minerals and mining industries - often without a view to the effects their activities have on the future health or productivity of those same resources.
Small island states, relative to their landmass, have vast ocean resources at their disposal – presenting a huge opportunity for boosting their economic growth and to tackle unemployment, food security and poverty. They also have the most to lose from the degradation of marine resources.
Similar to the Green Economy, the Blue Economy model aims for improvement of human wellbeing and social equity, while significantly reducing environmental risks and ecological scarcities. It provides for an inclusive model in which coastal states - which sometimes lack the capacity to manage their rich ocean resources - can begin to extend the benefit of those resources to all. Realizing the full potential of the Blue Economy means inclusion and participation of all affected social groups and sectors.
The Blue Economy is not just about market opportunities; it also provides for the protection and development of more intangible ‘blue’ resources such as traditional ways of life, carbon sequestration, and coastal resilience to help vulnerable states mitigate the often devastating effects of climate change.