3. Framework for Priority Policies and Strategies
On the onset of Global Economic Situation:
• Subdued euro zone economy, decelerating China growth and Policy uncertainty in US
Impact on Asia-Pacific including Indonesia
• Decreased economic activity through the trade and finance channel • Estimated regional GDP loss of 3 since the onset of the global crisis five years ago -
870 billion • Loose monetary policies, quantitative easing QE, of the developed world including in US and the end of QE
starting in 2014
Impact on Asia-Pacific including Indonesia
• Short-term capital flows volatility • Rapid short-term currency appreciation turned into depreciation
• Food and fuel price volatility increase during the commodity boom period of 2000s until 2011 and now food and fuel price decrease, currency appreciationdepreciation and volatility and end of oil subsidy for certain countries
Impact on Asia-Pacific including Indonesia
• Poverty and inflation
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Modified from UN ESCAP, 2014
Inclusive and Sustainable Development
Resource mobilization
Higher Productivity and
Sustained Growth Public debt and
inflation Healthier and more educated labor
force, Better environment, Resilient people, Inclusive society
Strengthening social and environmental pillars by providing universal access to basic public
services through well designed national public investment policies, that focus on:
Education Health
Income Security
Energy security Human security
Environmental protection
Required public investment
ECONOMIC PILLAR
SOCIAL PILLAR
ENVIRONMENTAL PILLAR
Source: UN ESCAP, 2013
23
4. Green Economy and Sustainable Development Source: Murniningtyas, 2015
• Green Economy and Sustainable Development Concept • Principles of Green Economy
• Economic Restructuring; Sustainable Consumption and Production • Internalizing Environmental Aspect into Economic
and Social Pillars
24
Social Aspect 1.
Equity 2.
Health 3.
Education 4.
Security 5.
Housing 6.
Population Economic Aspect
1. Economic
structure 2.
Consumption and
production pattern
Environment Aspect 1.
Atmosphere 2.
Land 3.
Coastal and sea 4.
Clean water 5.
Biodiversity Governance Aspect
1. Institutional
framework institution, inter-
relationship and rules
2. Capacity:
institution and human resources
Source: Framework for Construction of Sustainable Development Indicators, September, 2001 in Murniningtyas, 2015
Human DevelopmentMDG
Governance Green Economy
Environment and Biodiversity
SUSTAINABLE DEVELOPMENT
Disadvantage 1: environmental aspect is not as
developed as economic and social pillars
needs data, measurement indicator
Disadvantage 2: environmental valuation and
internalization into economic and social pillars
25
1. Resource efficiency
2. Minimumclean waste
3. Renewable resources
DEFINITION AN ECONOMY WHICH:
1. Utilization of resources is efficient in particular non renewable resources:
a. Resour es a e utilized lo ger
b. Efficient
– o aste Key: continuous increase in productivity
– technology is key 2.
Utilization of resources along its value chain such that: a.
Zero waste b.
Minimal waste – can be absorbed by the ecosystem
Key: Technology for development of by-product; and Clean Technology for separation and recycling of waste, safe for the ecosystem
3. The use of renewable resources:
a. No non-biodegradable waste
b. Usage in support of environmental capacitygrowth regrowth maximum sustainable
yield
Sustainable use of resources and
management of the environment
for our future generation
Source: Murniningtyas, 2015 26
1. Economic restructuring at macro level:
a. Value added creation – value added chain in economic activity –
industrymanufacturing technology is key b. Services
– sector which relies on human resources, skills.
2. Sustainable consumption and production:
a. Efficient consumption and zero waste versus affluent consumption with high waste
b. Production: efficient use of resources and environmental friendly.
Source: Murniningtyas, 2015
27
SUSTAINABLE DEVELOPMENT IMPLEMENTATION
Greenhouse Gas Emission Reduction Low Carbon
Development SCP
Green Economy ....... Sustainable
Development
Reducing water and land
pollution • Resource efficient
• Sustainable production • Sustainable
consumption Green procurement
Green standard • SCP
• Economic structure
Green financing Green banking
Green jobs
Including Governance
Source: Murniningtyas, 2015 28
Sustainable Concumption and Production
PRODUCTION: 1. Agriculture
2. Fisheries and Maritime 3. Energy and Mining
4. Industry 5. Services: finance; tourism,
environment, expertise
Consumption: 1. Households
2. Corporation 3. Living: City, Styleliving
Law-regulations: Procurement, Standard
Science and technology: Green technologi and knowledge Human resources: capacity for implementation
Information and data: Communication, information and databaseindicator
Source: Murniningtyas, 2015
29
TO INTERNALIZE ENVIRONMENTAL ASPECT INTO ECONOMIC AND SOCIAL PILLARS:
1. Address disadvantages 1 and 2 by: Completing data and valueenvironmental valuation: i people have to understand
environmental attributescharacteristics disadvantage 1; ii understand disadvantage 2 as a result of economic and social
impact on environment due to economic activities which have gone ignored
2. Enforcement of green economy through: i command and control regulation; andor ii polluters pay principles doing bad has its
price.
Source: Murniningtyas, 2015 30
5. Implementation and Priority Issues
Kategori