Indonesia’s going to paint the town green! A recent joint report from AC Ventures and BCG said that the country has a major role to play in transforming into a green growth economy. 

• They valued the green growth opportunity at $400B!
• Extra Scoop: Green growth means sustainable economic progress. 

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➕ Run the numbers!

Indonesia is the fourth largest global greenhouse gas (GHG) emitter, so they’ve got a lot at stake here. But where do you start creating the most impact? 

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The report highlights three focus areas:

• Strategy and professional services, solutions that optimize GHG intensity, and emission offsetting. 

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🗺️ What’s the roadmap? 

Boosting green financing, developing supportive regulatory frameworks, and nurturing green talents will help Indonesia fully leverage this opportunity. 

• The local government is actually doing some of these things already! 
• Indonesia started the National Talent Management body to develop and retain green talent. Oh, and the OJK is currently developing their sustainable finance practices! 

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🇮🇩 Zoom out 

Startups and SMEs can lend a hand in levelling up the local green growth potential, said the report. 

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Last June, Indonesia’s first climate tech hub was launched by Daya Selaras Group and climate tech venture builder Ecoxyztem.

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Some other key startup players in the ecosystem include: 

• 🧮 FairAtmos. They help build carbon credit projects in Indonesia with their funding and network support.  
• 🚮 Waste4Change. A circular waste management startup that manages 8K tons of waste yearly. 
• 🌞 Xurya. They help companies transition to solar energy without major upfront costs.