Securing the future of ASEAN's sustainable oceans: Combating marine debris, a…

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Sekdilu 43-2023

IPEF’s digital economy initiative: How it can be a solution to the looming …

Indonesia, the largest digital economy in Southeast Asia, is grappling with a shortage of digital talent. If this trend continues, the country can lose US$ 28 billion from its technology sector by 2030. Unfortunately, the trend is also happening globally, including in the Indo-Pacific region. Existing frameworks and agreements have yet to adequately address the issue of digital talent, although…

Leveraging golden years of partnership: Making the MoFA’s intermestic strat…

This paper attempts to explore the commemoration of the 50-year anniversary of bilateral relations between Indonesia and ROK under the theme of "Closer Friendship, Stronger Partnership” as an opportunity for the MOFA to potentially contribute in advancing the EVs cooperation between the two countries. The pivotal question to be answered in this paper is, “In fully harnessing the momentum of…

Export ban of Indonesia bauxite ore: Poison or positive supplement for Indone…

Based on precedence, China took different approach towards export ban of Indonesia nickel ore in 2020. China has been one of the dominant investors in mining and smelting Indonesian critical mineral ores. Data from the Ministry of Industry as of 1 February 2023 showed that there were 91 smelters in Indonesia of which 48 smelters are already operating while the rest are still in the visibility s…

Rowing between two reefs: Indonesia’s opportunities and challenges in attai…

IPEF is a US led framework consisting of four pillars. Its third pillar on clean energy intends to pursue concrete targets to tackle climate change, including but not limited to, energy security and transition. Concurrently, GDI is a China led initiative. It aims to synergize international efforts to accelerate the implementation and achievement of SDGs 2030. Both IPEF and GDI are in its initia…

Indonesia’s strategy in navigating the great powers rivalry to mobilize tra…

Transition finance refers to financial services supporting the whole-of-economy transition, in the context of the Sustainable Development Goals (SDGs), towards lower and net-zero emissions and climate resilience, in a way aligned with the goals of the Paris Agreement. Indonesia has committed to contribute to the global efforts to mitigate climate change. The country is targeting to achieve Net-…

Turning the tide of opportunities in light of the Indo-Pacific: Indonesia’s…

The Paris Agreement has reshaped the global climate framework, emphasizing the role of developed countries like France in providing more contributions to developing countries like Indonesia, aiming to achieve net zero by 2060. Meeting these targets requires significant transition financing, meanwhile, developed countries have not given enough. This paper analyses how Indonesia can attract more …

Enhancing anti-corruption measures in Indonesia through participation in IPEF

IPEF, which consists of 14 partner countries, aims to promote economic cooperation and create a favorable investment environment in the Indo-Pacific region. IPEF's fourth pillar, which focuses on a Fair Economy, emphasizes preventing and combating corruption. However, Indonesia still faces challenges in its anti-corruption efforts, one of which is Indonesia's low corruption index compared to IP…

Greener ASEAN: A portfolio to attract transition investment in the region

The aim of this paper is to facilitate investor decision-making by offering comprehensive information that assists in selecting the most suitable projects for funding. Recognizing the challenges posed by limited international investment and underdeveloped capital markets, ASEAN need to take a proactive stance in promoting blended finance to bridge the funding gap and accelerate the region's…

Indonesian energy supply chain: Breaking boundaries towards renewable energy

Climate change has been seen as one of the biggest security issues of the modern era. With the signing of Paris Agreement in April 2016, countries are beginning to look for alternative to conventional energy sources. The energy supply chain in Indonesia has been playing significant role in the economic development of the country. However, the energy supply still relies heavily on fossil fuels f…