Indonesia and Finland have great potential to increase cooperation in several key areas that encourage sustainable development and innovation. One potential for cooperation that can be explored is the development of smart cities, which is an important aspect in building efficient and sustainable infrastructure.
Indonesia has been actively studying the smart city concept and investing in the IKN smart city project, while Finland can provide the technical support and software development needed to support the development of smart cities in Indonesia.
Apart from that, the forest industry and sustainable forestry are other potential collaborations that can be established between the two countries. Indonesia has a need for sustainable manufacturing of paper and wood products, as well as technical assistance in certifying environmentally friendly forestry products.
Finland, with its experience and technology, can provide technical assistance and information for the Indonesian private sector to meet sustainability standards, including the European Union’s Deforestation Regulations.
The field of blue bioeconomy is also an interesting potential for cooperation between Indonesia and Finland. Renewable aquatic resources, water-based tourism.
Besides that, water technology and the use of aquatic biomass are also important aspects of the blue bioeconomy that can be explored together. Collaboration in sustainable fisheries value chains can also provide great benefits for both countries.
Finally, the potential for cooperation on carbon taxes is an important area in efforts to address climate change. Indonesia and Finland can work together on the design and implementation of carbon tax policies, as well as learn about recycling revenue from carbon taxes to reduce other taxes.
Capacity building and technical assistance to relevant stakeholders in the implementation and monitoring of tax policies are also important aspects of cooperation in this area.
By leveraging the strengths and expertise of each country, cooperation between Indonesia and Finland in these areas has great potential to have a significant positive impact, both for both countries and for global sustainable development goals.