AC Ventures and Boston Consulting Group have jointly released the country’s premier report on the decarbonization sector and its sweeping implications for the nation’s “green growth” potential, outlining a pivotal role for the country on the global stage as it seeks to transform its economy.

“Green growth” is a term to describe a path of economic growth and prosperity that is also environmentally sustainable.

In Indonesia, this involves three key focus areas – strategy and professional services (a US$46 billion potential market by 2030), solutions that optimize greenhouse gas intensity (a US$350 billion potential market by 2030), and emission offsetting (a US$3.5 billion potential market by 2030).

To leverage these opportunities fully, the report lays out how Indonesia can boost green financing, develop supportive regulatory frameworks, and nurture green talent. These measures will be crucial in meeting Indonesia’s ambitious emission-reduction targets for 2030 and supporting the country’s continued economic growth.