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The government's massive, 2 million-hectare sugarcane plantation must adopt and implement an integrated approach to sustainability that considers environmental and indigenous rights as well as adheres to international standards while involving the Papuan people, both from the get-go and at each stage of the project.
The OJK is taking a bottom-up approach in the initial phase of its climate risk stress test in line with its recently released climate risk management guidelines, but a concurrent top-down approach is also needed for an aggregate analysis of impacts beyond the banking industry.
Indonesia can emulate the risk categorization of the EU’s AI Act while pondering how AI can accelerate innovation in prioritized sectors like health and trade, especially relating to micro, small and medium enterprises.
