Indonesia Country Profile
Year of Publication
This report provides an overview of Indonesia's circular economy, highlighting key sectors with high potential for circular solutions and identifying challenges to advancing towards a circular economy, recommending policy interventions and collaboration among stakeholders.
Measurement (System/Market/Tool), Strategy
Purpose of Measurement:
Understanding the Problem
This report outlines the current state of the circular economy in Indonesia and identifies key opportunities and challenges to advance towards a circular economy. The report provides an overview of Indonesia's economy, including its GDP and key industries, and highlights the importance of transitioning towards a circular economy to address environmental and social issues. The report identifies several key sectors with high potential for circular solutions, including agriculture, fisheries, manufacturing, construction, and waste management. It also provides case studies of circular initiatives in Indonesia, such as the implementation of a circular economy roadmap in Bandung and the development of a circular economy hub in Bali. However, the report also identifies several challenges to advancing towards a circular economy, including limited awareness and understanding of the circular economy concept, inadequate policy and regulatory frameworks, and insufficient financial resources and investment. The report recommends several policy interventions to address these challenges, such as creating a national circular economy roadmap, establishing circular economy targets and indicators, and providing incentives for circular business models. The report also highlights the importance of collaboration and partnerships to advance towards a circular economy in Indonesia, including partnerships between the government, private sector, and civil society. The report concludes by emphasizing the need for a comprehensive and coordinated approach to transition towards a circular economy, involving multiple stakeholders and addressing the social, economic, and environmental dimensions of sustainability.