MKP Calls on multi-stakeholder participation on a global level for SDGs-14 in WWF 2024
Denpasar, May 19, 2024/Indonesia Media – Sakti Wahyu Trenggono, Marine Affairs & Fisheries Minister (MKP) of Indonesia called on multi-stakeholder participation on a global level, to support the program of good corporate governance on water in some developing countries, including Indonesia. A funding gap was one of the problems on how to achieve sustainable development goals in the marine sector (SDGs-14).
“The forum is very significant, since it is the only solution to the funding gap to achieve SDGs-14. Especially, in some developing countries, archipelagic state, least developed countries,” said MKP Trenggono during the dialogue of G20 Global Blended Finance Alliance, discussing Sustainable Freshwater and Ocean Wealth, another side of World Water Forum (WWF) in Denpasar, Bali on Sunday (19/5).
Based on the research of the United Nations Conference on Trade and Development (UNCTAD), there was a necessity of providing sufficient funding, amounting to 175 US Dollar per year to achieve SDGs14. Even so, the data (2013 – 2018) shows that funding for SDGs-14 amounted to 2,9 billion US Dollar per year only.
Therefore, the scheme of Global Blended Finance Alliance (GBFA), according to him, was very significant to mitigate the gap especially for developing countries, archipelagic states, least developed countries to improve Climate Change Action Plan and the target of SDGs-14.
GBFA consists of government, philanthropist, carbon trade, private sectors, international donors, and national/international investors. “The meeting has a strategic role for all countries and multi-stakeholder when working in collaboration, synergy to actualize Sustainable Freshwater and Ocean Wealth,” he said.
Minister Trenggono reiterated that there are five government programs in Indonesia for the blue economy to develop marine and fisheries sectors in sustainability. Those programs include an extension in local marine conservation area, measurable fishing, aquaculture development in coastal, marine and land zones, Coastal surveillance systems in most remote islands, fishers’ action on cleaning the sea from plastic waste
With the programs of blue economy, the Indonesian government wishes to achieve sustainable freshwater resources and ecosystems, food safe storage from marine and fisheries, and welfare economics in coastal areas. “Indonesia is open for multi-stakeholders in which they work in collaboration and synergy with the policies, human resources, data & technology, funding and also marketing network with strategic steps,” Minister Trenggono said. (LS/IM)
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