Established on 14 December 1996, Greenomics Indonesia is a policy development institute that is devoted to introducing innovative empirical and field-based economic, financial and policy approaches for the purpose of supporting a move towards good natural resources governance. As part of this process, Greenomics Indonesia plays a role in supporting and strengthening initiatives by providing technical assistance with a view to providing technical foundations for the decision-making process.
Good natural resources governance
- Promoting innovative empirical and field-based economic, financial and policy approaches for the purpose of providing proper foundations for decision-making.
- Encouraging the development of participatory, transparent and accountable mechanisms that may be employed as part of innovative economic, financial and policy approaches for the purpose of providing proper foundations for decision-making.
- Creating a process involving the transfer of technical expertise to the relevant parties as part of the effort to encourage relevant stakeholders to employ innovative economic, financial and policy approaches in a practical manner.
- Developing examples of best practice in the use of innovative economic, financial and policy approaches, and disseminating best practice to the relevant parties as lessons learned.
SCOPE OF ACTIVITIES
Greenomics Indonesia provides practical, technical assistance to the relevant parties in the following fields:
Resource Pricing, Valuation and Financing
This is an approach that involves the estimation of the price and value of natural resources as a basis for the decision-making process. Such information may be employed as technical input for the exploring of alternative sources of financing so as to strengthen the management of natural resources with greater focus being placed on sustainability in an effort to avoid excessive extraction and the promotion of short-term interests.
Comprehensive Assessment of Forestland-based Investment
This is an approach that involves promoting a better and more comprehensive understanding of the real value of forestland-based investment having regard to the total economic value of forestland through the incorporation of investment objectives and local needs with a view to maintaining the equilibrium of ecosystems.
Innovative Sustainable Development Financing
This approach explores the relevant choices available for the financing of sustainable development, such as debt-for-sustainable-development swaps, local economic development trust funds, clean development mechanisms and so forth. These financing options are developed based upon public consultation, participation, transparency and accountability, for example through the development of multistakeholder-based institution by those responsible for management, and the establishment of trust funds.
Forest Policy and Decentralization
This approach involves the provision of up-to-the-minute analyses of forest policy and decentralization to the relevant parties so that they may fully comprehend the various developments in respect of forest policy and decentralization, including their use in providing the basis for decision-making as regards forest policy.
Local Fiscal Resources Development
This approach relates the need to strengthen local fiscal resources with the need to ensure the sustainability of natural resources. It provides technical analyses and practical calculations regarding the capabilities of regency, municipal and provincial governments having regard to the natural resources found within their jurisdictions. This approach also involves various parties involved regarding the total economic value of natural resources, for example, the ability of strengthening the awareness of the a conservation area to produce savings as regards development expenditure, reducing the cost of local economic development and ensuring sustainable development over the longer term.
This approach is designed to provide technical input to the relevant parties as regards spatial planning, utilization and control, such as in the case of the excessive conversion of forestland for non-forest development purposes. It also encourages regency, municipal and provincial governments to put into practice the principles of good governance through the development in collaboration with the relevant parties of participatory, transparent and publicly accountable mechanisms. This approach is designed to produce spatial plans that reflect the need for sustainability.