United Nations Environment Programme’s (UNEP) special advisor Pavan Sukhdev has proposed three factors that could accommodate a green economy in Indonesia. Firstly, by boosting natural capital by increasing productivity of small-scale enterprises, implementing the REDD+ (Reducing Emission from Deforestation and Forest Degradation) program, providing assistance in fisheries and coral reef conservation.
“Secondly, by improving urban areas where human capital is a ‘growth machine’ for green economy,” said Sukhdev when addressing the audience and a workshop entitled: “Indonesia and Post-2015 Development Agenda” that was held on 5-6 September in Jakarta. Thirdly, according to Sukhdev, the business sector must be improved through micro policy reforms.
Sukhdev, a green economy advocate, also discussed the role or corporations. Each year, corporations generate 60 percent of the global GDP. However, according to the author of Corporation 2020, today’s business practices have left ecological marks on more than 50 percent of the earth’s bio-capacity.
Therefore, through his book, Sukhdev suggested that policy reforms must encourage the business sector to support a green economy. Corporation 2020, said Sukhdev, is not only to generate financial capital for shareholders but also generates human, social and natural capital for the general population.
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