JAKARTA, Sept.6 (JDN.id) – Indonesia hosts a three-day event of the 2nd Senior Official Meeting for Archipelagic and Island States (AIS) that kicked off in Jakarta on Thursday.
The meeting aims to address various marine issues that directly affect the participant’s states and the world globally.
“I hope this is not just another ceremonial forum but (the meeting) should draft an action plan (applicable) among these archipelagic island states,” Indonesian Coordinating Minister for Maritime Affairs, Luhut Binsar Panjaitan, told a press conference after the opening of the meeting.
Indonesia co-hosts the meeting with the United Nations Development Programme (UNDP) which will also discuss financial innovation, namely AIS Fund – Archipelagic Island States Fund – to finance projects such as building marine infrastructures or producing technology to clean the oceans in an effort to tackle marine problems.
Luhut said Indonesia has set aside $1.2 billion for AIS Fund until 2025 and it expects other archipelagic island states to also participate in the program.
Christophe Bahuet, UNDP country director, said failure in protecting the oceans and addressing climate change will lead to social and economic catastrophe that will affect people around the globe.
UNDP estimates $3-6 trillion of annual global market value from marine industries and coastal resources.
“Therefore UNDP sees the need for strategic intervention that is innovative, effectively addresses climate change and enhances ocean protection and economic growth with the Government of Indonesia,” Bahuet said.
Some 46 AIS countries are invited to the meeting including Singapore, Palau, New Zealand, Solomon Island, and the United Kingdom.