New Capital of Indonesia To Apply Circular Economy Principles
The Ministry of National Development Planning Indonesia (BAPPENAS) together with the Institution of Engineers Indonesia (Persatuan Insinyur Indonesia/PII), supported by PAGE and UNDP Indonesia, held a virtual discussion on the implementation of circular economy in the new capital city of Indonesia, Nusantara, which is currently under development. The discussion “Welcoming the Circular State Capital” was organized on Thursday, 28 July 2022.
The implementation of circular economy in Nusantara has been mandated in Law number 3/2022. The circular economy is intended to replace the “take it away” approach of a linear economy, by seeking to extend the life cycle and value of products, raw materials, and resources so that they can be used for as long as possible while minimizing their social and environmental impacts.
Circular economy can reduce 9% of CO2 emissions and save about 3% of water needs in 2030 compared to business as usual in Indonesia. The new capital city will become a World-Class City for All.