InfoSAWIT, JAKARTA – Green instrument investment for sustainable micro, small, and medium business (MSMB) that Supernova Ecosystem would develop in 2030 would support 120 sustainable businesses that contribute to economic progress and forest conservation. The investment program which its base is restoration and environment conservation would absorb 7 million tons of CO2, save 700 thuosand hectares forests and create 13.000 employment for indigenous people. It was told in a media discussion with the theme, “Inovasi Instrumen Pendanaan Hijau untuk UMKM Berkelanjutan” in Jakarta recently.
“As a sustainable business fund catalyst, Supernova Ecosystem plays its role to get matchmaking among the stakeholders, modal owners, and the governments. There would be two mainstay programs to realize it, such as, constellation accelerator and equatora capital. It is hoped this would deliver solutionon environmental and social business risky gaps in the supply chain,” Equator Capital Partner of Supernova Ecosystem, Inez Stefanie said, as in the official statement to InfoSAWIT, Monday (8/4/2024).
Inez continued the 2024 short term – target is that about to conserve a 35.000 hectare – area that would deliver impacts for 3.500 forest farmers, fishermen, and plantation farmers in three commodities, such as, tengkawang, patchouli, and fish cork. The main seven commodities would be developed with their pipeline, such as, chocolate, coconut, cashew where they are mostly in eastern Indonesia.
To realize the target, Inez emphasized that it needs multi-party collaboration in a work ecosystem and get sustainable businesses. Supernova Ecosystem would keep doing it together with its partners, such as, Lingkar Temu Kabupaten Lestari (LTKL), Koalisi Ekonomi Membumi (KEM), and others.
“We initiated the concept and work fram, which is, Value Chain Collaboration Canvas (VC3) to encourage and facilitate the sustainable collaboration among the ecosystem actors by focusing in agro-forestry sectors and commodities. As part of KEM, the team work of Constellation Accelerator of Supernova Ecosystem would lead and help to develop green MSMB. While Equatora Capital would lead the team work to raise fund,” she said.
Inez also explained that the work target that Supernova Ecosystem would like to achieve is that to encourage green MSMB development to get fair and equal economic development and answer every environmental issue.
In the discussion, DR. Mubariq Ahmad, Environment and Economy Exper told the challenges to develop green MSMB or sustainable businesses both business owners and capital owners would face.
“The first challenge is that to develop green MSMB from fund is that there are not many sources of fund from the government(s) that focus on developing green MSMB and the limited investment facility that delivered impact for business owners,” Mubariq said.
The second one is that there is no awareness of conventional bank and ability to access from business owners. “It means, MSMB owners need to get fund access to get into four sustainable economic work frames, such as, fund access, MSMB capacity development, technology access, and market access,” he said.
Mubariq believed that Indonesia would have the incredible potential to develop sustainable businesses. “Until now MSMB contributed 61^ of gross domestic product for the country. If ‘business as usual’ model can be changed to be sustainable one, this sector would potentially deliver big impacts to reduce carbon emission target in national scale and get economic development,” he said. (T2)
