Indonesia, the largest economy in Southeast Asia and projected to be the world's fourth-largest by 2050, has significant potential to transform into a green growth economy. A report by AC Ventures and Boston Consulting Group highlights the environmental and business opportunities of this transformation. The report estimates Indonesia's green growth opportunity to be worth USD400bn, encompassing industry revenue and carbon offset potential. The key focus areas for green growth in Indonesia are strategy and professional services, GHG intensity optimization solutions, and emission offsetting. To fully leverage these opportunities, the report suggests enhancing green financing, developing supportive regulations, and nurturing green talent. The report emphasizes the role of startups, MSMEs, investors, and financiers in driving Indonesia's transition to a green economy.

Source: ESGNewsasia