Masterclass of Sustainable Investment Commodity Series

Bandung, December 9, 2018 - Fast licensing, simple bureaucracy, infrastructure support, and investor-friendly policies in the district are not just a dream. The difficulty of investing is just a moment away. Some district governments began to move to create an attractive investment climate, especially in the commodity sector. "The role of the district is very important because the plantation sector requires regional contributions to increase the competitiveness of national plantations," said the General Director of Plantation, Ministry of Agriculture, Ir Bambang, MM at the opening of the Commodity Series Sustainable Investment Masterclass Launch event. Without beating around the bush, the investment portfolio planned by the district will be focused on commodities and their derivative products which are produced sustainably, by balancing the economic, social and environmental aspects. With this focus, Indonesian districts will be able to capture domestic and global market opportunities for currently growing sustainable products. "It's time for districts to become key actors in Indonesia's economic development, a sustainable development where humans and nature are the focal point," said the Gorontalo Regent Nelson Pomalingo, who is the Chairperson of the Lingkar Temu Kabupaten Lestari Business Development Program.

The launching of the Masterclass of Commodity Series Sustainable Investment was held at Tebu Hotel, Bandung (9/12). In this event the district governments’ real commitment could be seen from the enthusiasm of the attending officers. The officers from the Districts shared information and learned on how to effectively develop sustainable commodities investments in the district. In response to this enthusiasm, Fajar Anugerah representing New Zealand G2G responded well "New Zealand has a Supply Chain Integrity program to help other countries in the process of intervention models from pre-supply to market access. One of which is increasing the capacity of farmers in North Lombok from upstream to downstream, '' said Fajar. More than 85 attendees, including experts, non-governmental organizations, the international community, and businesspeople also shared knowledge and experience. A collaborative effort to increase district capacity. "Establishing cooperation with various parties is important to support the economic development, through increasing business competitiveness, technical capacity of the businessmen, and identifying export requests. Cooperation between districts for business development is based on the potential of each region so they can complement each other in terms of business cooperation," said the North Lombok Regent also the Secretary-General of Association of Indonesian District Governments (APKASI) Najmul Akhyar.

The Commodity Series Sustainable Investment Masterclass Activity initiated by Lingkar Temu Kabupaten Lestari (LTKL) collaborating with LTKL partners such as APKASI, Tropical Forest Alliance (TFA) 2020 and CDP (Carbon Disclosure Project) is a series of activities that prepares districts to invest sustainably. "The Masterclass is expected to prepare regional competitiveness development teams in the district and possibly to identify data and business portfolios of the districts," explained Indra Pratama, as the Regional Coordinator of the LTKL Secretariat. The next training and portfolio development program will be held for selected districts and those who show commitment. Districts are expected to prepare portfolios and sustainable commodity investment proposals that will be presented in the Implementation Dialogue seminar 2019, where the chosen districts will be met directly with potential investors. "Four portfolios of Sustainable commodity investments that will be developed through masterclass include investment plans, proposed sustainability indicators, policies & regulations, and communication narratives," concluded Indra.

The launching of the Masterclass of Commodity Series Sustainable Investment was held to coincide with the commemoration day of the 61st year of Plantation organized by the Directorate General of Plantations at the Ministry of Agriculture and West Java Province Government. Carrying the theme "Synergy and Acceleration of Indonesian Plantation Glory", this event became a means of bringing together ideas to disseminate information on the plantation industry from fresh products to processed products. The event which took place from 8 to 10 December 2018 was also utilised to introduce plantation products to the community, as well as mapping the business potentials that can improve the economy and welfare of farmers.

ABOUT LINGKAR TEMU KABUPATEN LESTARI (LTKL)

Lingkar Temu Kabupaten Lestari (LTKL) is a collaborative forum for district governments to realize the sustainable development with real impact. A development effort that balances economy, social and nature conservation. The LTKL approach focuses on good and responsible land management at the district level. To face the challenges of sustainable development, LTKL prioritizes to collaborate with all parties. The synergy between and within the district government members becomes the main key. The district members are supported by technical capacities and expertise through collaboration with development partners, such as non-governmental organizations and the private sector. LTKL also formed a secretariat to facilitate coordination and synergy between districts and support from the partners. LTKL was initiated by 8 districts from 6 provinces in Indonesia. In December 2016, representatives of the 8 districts of the LTKL together with the development partner network and the Association of Indonesian District Governments (APKASI), held the first National Communication Forum to formalize its establishment. In 2018, 10 districts have joined to become members of LTKL.

About TFA 2020

TFA 2020 is a multi-party discussion platform consisting of NGOs, private sectors and the government. This platform was born from the Consumer Forum (CGF) in their commitment to achieve zero deforestation by 2020. TFA 2020 works in four main commodities that cause deforestation, namely: soybeans, livestock, palm oil and pulp and paper. TFA 2020 is present in three regions, namely, Latin America (Soya), West Africa and Southeast Asia. The TFA 2020 Secretariat globally is at the Geneva World Economic Forum (WEF) and 2020 TFA Southeast Asia is within the Indonesia Business Council for Sustainable Development (IBCSD). As a platform, TFA 2020 serves as a forum for discussion to share experiences and lessons on Best Management Practices as well as a place to bring together those who have the potential to work together through Implementation Dialogue.

About CDP

CDP (Carbon Disclosure Project) is a non-profit organization engaged in the reporting of impacts of the global environment that aims to achieve an economy that promotes people and the environment. For more information please access: https://www.cdp.net/en/cities/matchmaker

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