Breakthroughs needed for green business

Indonesia needs significant breakthroughs to promote green business practices and lure more sizeable pro-environment investment, a business group says.

The Indonesian Chamber of Commerce and Industry (Kadin) deputy chairwoman for environment and climate change, Shinta Widjaja Kamdani, said Wednesday that a few obstacles still hindered business stakeholders from adopting green business models and made the country less attractive as a destination for eco-friendly investment.

“We should address a variety of issues, such as permits, fiscal incentives and financing, to get out of doing business as usual. Without solutions to these matters, we will stay where we are now many years to come,” Shinta said on the sidelines of a sustainable business dialogue hosted by Kadin and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

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Posted November 29, 2013 by repit in News

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