Science and Technology, Green Economy and Energy Transition: Indonesia’s Strategy for High Growth
To achieve inclusive and sustainable high growth, economic transformation is focused on increasing productivity and innovation in priority productive sectors.
To achieve this, strengthening industrialisation, modernisation and digitalisation of agriculture and services, increasing the productivity of SOEs, MSMEs and cooperatives, as well as the workforce so that they are more competitive and able to contribute optimally to the national economy.
In addition, the blue economy and bioeconomy will become the strength of the future economy, along with their role as sources of new economic growth and the creation of economic added value in an inclusive and sustainable manner.
The development of science, technology and innovation is crucial in creating new efficient technologies and methods, especially for the creation of new products and increasing economic productivity.
In addition, the application of the green economy is also encouraged to ensure the sustainability of high economic growth across generations. The implementation of a green economy will ensure the availability of Indonesia’s natural resources in the long term.
To achieve this, the policy direction for implementing a green economy will be based on the implementation of Low Carbon Development which includes increasing energy efficiency and accelerating the energy transition towards the use of new renewable energy and energy transition in an equitable manner by preparing new skills and employment opportunities, including ecosystem development and incentives, especially for fossil energy producing areas.
In addition to the two above, the implementation of digital transformation must also be accelerated throughout Indonesia evenly and mainstreamed in various economic sectors accompanied by strengthening digital talent.
This is very important to increase access to quality digital services, expand the utilisation of digital technology to improve people’s welfare, and overcome the negative impacts of digital technology disruption such as the digital divide and increased unemployment due to job losses.
One of the policies that will be carried out in digital transformation is the development of the supply side such as the development of digital infrastructure and the development of the demand side such as the acceleration of sector digitalisation.
Source: Bappenas
