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Formation of the National Model of Green Economy in Indonesia: Special Features of Strategic Planning and Government Support

Source :
Economics and Management. 27:336-345
Publication Year :
2021
Publisher :
Saint-Petersburg University of Management Technologies and Economics - UMTE, 2021.

Abstract

Aim. Through the example of Indonesia, the presented study aims to determine the special features of the formation of the national model of green economy at the level of strategic planning and government support for green investment.Tasks. The author analyzes a wide range of national strategies in different fields, the role of green economy in the strategic planning of the country’s long-term development, and the tools of government support for green investment used by the national government for the implementation of strategic plans.Methods. This study uses a combination of basic scientific methods of cognition, such as synthesis and analysis.Results. Special features of the integration of the principles of green economy in strategic planning are determined. The government’s tools of private fundraising are identified, which are highly demanded by investors and are recommended for use in the Russian Federation. Conclusions. Strategic planning in Indonesia is characterized by the close alignment of strategic priorities with the challenges and opportunities for the country’s sustainable environmental and economic development, while goals and objectives of strategic plans are associated with financial resources. Government support is primarily aimed at solving the problem of private fundraising in strategically important green sectors of the economy. Certain tools of government support for green investment are recommended for use in Russia considering their attractiveness and investor demand.

Details

ISSN :
19981627
Volume :
27
Database :
OpenAIRE
Journal :
Economics and Management
Accession number :
edsair.doi...........b856280a50c445eb63318b48a47bc2e6