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    Joseph Pangalila (KADIN) - Munas SCI 2022

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    This document discusses implementing a blue economy approach to shrimp aquaculture in Indonesia. It notes that sustainability has become a high priority for governments and businesses worldwide. The Indonesian government is committed to applying blue economy principles to marine and land-based fisheries like shrimp farming. This will help decarbonize industries and create benefits for local communities through practices like using renewable energy sources, advanced water treatment, mangrove reforestation, and collaborating with local farmers. Companies adopting blue economy and sustainability initiatives enjoy higher growth while generating positive environmental and social impacts.

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    Joseph Pangalila (KADIN) - Munas SCI 2022

    Uploaded by

    ifa
    28 views7 pages
    This document discusses implementing a blue economy approach to shrimp aquaculture in Indonesia. It notes that sustainability has become a high priority for governments and businesses worldwide. The Indonesian government is committed to applying blue economy principles to marine and land-based fisheries like shrimp farming. This will help decarbonize industries and create benefits for local communities through practices like using renewable energy sources, advanced water treatment, mangrove reforestation, and collaborating with local farmers. Companies adopting blue economy and sustainability initiatives enjoy higher growth while generating positive environmental and social impacts.

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    This document discusses implementing a blue economy approach to shrimp aquaculture in Indonesia. It notes that sustainability has become a high priority for governments and businesses worldwide. The Indonesian government is committed to applying blue economy principles to marine and land-based fisheries like shrimp farming. This will help decarbonize industries and create benefits for local communities through practices like using renewable energy sources, advanced water treatment, mangrove reforestation, and collaborating with local farmers. Companies adopting blue economy and sustainability initiatives enjoy higher growth while generating positive environmental and social impacts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    28 views7 pages

    Joseph Pangalila (KADIN) - Munas SCI 2022

    Uploaded by

    ifa
    This document discusses implementing a blue economy approach to shrimp aquaculture in Indonesia. It notes that sustainability has become a high priority for governments and businesses worldwide. The Indonesian government is committed to applying blue economy principles to marine and land-based fisheries like shrimp farming. This will help decarbonize industries and create benefits for local communities through practices like using renewable energy sources, advanced water treatment, mangrove reforestation, and collaborating with local farmers. Companies adopting blue economy and sustainability initiatives enjoy higher growth while generating positive environmental and social impacts.

    Copyright:

    © All Rights Reserved
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    Download as pdf or txt
    of 7

    Blue Economy in Shrimp Aquaculture –

    Towards Ecology and Sustainability

    JOSEPH PANGALILA
    VICE CHAIRMAN OF MARINE and FISHERIES INDONESIAN
    CHAMBER OF COMMERCE AND INDUSTRY

    23 AUGUST 2022
    Sustainability and decarbonization are becoming priorities in
    government and private sector decision-making worldwide

    Governments have COVID-19 is Investor focus on ESG Climate-related risk


    been mobilizing around accelerating the is growing increasingly
    decarbonization, adoption of ambitious and is increasingly used as a considered when
    with >100 nations committing to decarbonization plans, tool to evaluate performance assessing the quality
    (expected to increase post
    zero carbon by 2050, and the
    with a high appeal for green of projects or
    US democratic ticket proposing COVID-19); pension funds are
    a $2T plan
    stimulus; the EU is pledging committing to carbon neutral investments,
    €100B+ for sustainable growth portfolios by 2050 with credit rating agencies
    incorporating it in their
    evaluation

    Source: International Institute for Sustainable Development: SDG Knowledge Hub, Ipsos Mori, April 17th-19th 2020, N=28039, PV Magazine April 2020, Euroactive April 2020, EU observer April 2020, Green Stimulus Index as assessed by Vivid
    Economics, official government sources and press coverage of official announcements, Global Sustainable Investment Review 2012, 2014, 2016, 2018, Forbes, Financial Times, Procensus investor survey, S&P, Moodys
    McKinsey’s sustainability growth platform

    Sustainability is no longer optional for corporates

    Significant Bolder Increasing Shifting customer Talent moving First movers


    near-term environmental investor expectations to sustainable capturing value
    value-at-stake regulation requirements companies

    $3-5 trillion 30-50% 2-5x 15-30% 80% 50%


    in sustainability corporate profits at Multiple uplift price premium for of millennials want to faster growth in
    investment themes stake from external possible for sustainably produced work for a company sustainable brands,
    by 2030 across engagement, e.g. with companies with strong products and services strong on ESG e.g., Unilever’s
    various industries carbon pricing sustainability focus across B2C and B2B Sustainable Living
    sectors Brands versus the
    rest of the portfolio

    Source: CDP Climate Change Report 2019, McKinsey analysis


    Blue Economy in Shrimp Aquaculture

    Government of Indonesia has committed to implement Blue


    economy in Marine and Land based Fisheries

    Anticipate future needs of sustainable products

    Helping decarbonized the world

    Creating impact to local communities

    Source: Ministry of Marine Affairs and Fisheries Republic of Indonesia


    Integrated Sustainable Shrimp Farm

    Implement IoT system Apps that integrates water and feed monitoring,
    biosecurity, whether station, fences and comprehensive management tools

    Reduce fossil Energy with Sustainable Clean Energy used ( Solar PV / Wind) Implement Blue
    Economy in Shrimp
    Aquaculture will not
    Alternative input with less carbon footprint only provide
    sustainable growth for
    Investors but also
    Advance water quality management creating impact to
    better environment
    and improved
    livelihood of local
    Mangrove reforestation to help protect the coastal ecosystem, natural carbon
    sink and promoting biodiversity people

    Collaborate with traditional local shrimp farmers


    Key messages

    Sustainability topic has grown massively during the pandemic, as signalled by government’s and private
    sector’s priorities, strong recent growth of sustainable investing, proven benefits for corporates to adopt
    these practices

    Sustainability will no longer optional for corporates, with companies that have embraced Blue Economy
    initiatives enjoying benefits such as higher growth while creating positive impact to environment and local
    community

    Governments, companies, investors, and donors/philanthropists can do more to achieve green and
    improve livelihood of local people through taking actions to establish a conducive environment and directing
    required funding

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