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A Literature Review on Strategies for Integrating Blue and Green Economies in Eastern Indonesia

In: Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)

Author

Listed:
  • Mohamad Iqbal Nikmatullah

    (Hasanuddin University, Department of Economics)

  • Jusni Jusni

    (Hasanuddin University, Department of Economics)

Abstract

This essay offers a thorough analysis of the literature on the subject of regional development banks’ (RDBs’) contribution to sustainability in Eastern Indonesia by integrating the blue and green economies. RDBs are essential financial intermediaries that can help finance eco-tourism, green agriculture, sustainable fisheries, renewable energy, and other areas of sustainable economic development. The analysis emphasizes the main tactics used by RDBs to support environmental sustainability, such as the financing of green and blue initiatives and the coordinating of bank policies with regional sustainability objectives. Notwithstanding advancements, obstacles including budgetary limitations, institutional restraints, and regulatory hurdles continue to hinder RDBs’ ability to effectively spearhead all-encompassing sustainability initiatives. In order to maximize the potential of RDBs, the report ends with some strategic recommendations. These include utilizing global alliances and strengthening legal frameworks to hasten the merging of the blue and green sectors. These observations are meant to serve as a starting point for further study and policy-making regarding RDBs’ contributions to sustainable development in emerging markets.

Suggested Citation

  • Mohamad Iqbal Nikmatullah & Jusni Jusni, 2025. "A Literature Review on Strategies for Integrating Blue and Green Economies in Eastern Indonesia," Advances in Economics, Business and Management Research, in: Mursalim Nohong & Fitra Roman Cahaya & Phung Minh Tuan & Arifuddin Mannan & Anas Iswanto Anwar & Ria (ed.), Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024), pages 1079-1084, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-758-8_88
    DOI: 10.2991/978-94-6463-758-8_88
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