Nusa Dua, Bali,lintas10.com – Ahead of the IMF-World Bank meeting in Indonesia’s resort island of Bali, Coordinating Minister for Maritime Affairs Luhut Pandjaitan and IMF Managing Director Christine Lagarde on Sunday joined forces to transplant coral reef, not far from the site of the Meeting.
Mr Pandjaitan also called on the international world to invest more in the protection of marine biodiversity.
“There has been much discussion on how the government and communities can get a third party in the risk management of marine biodiversity; putting our sea areas into insurance. Around 95 percent of the world ocean is yet to be explored,” said Mr Pandjaitan.
Mr Pandjaitan made the statement alongside IMF Managing Director Christine Lagarde and Indonesian Finance Minister Sri Mulyani at Nusa Dua Coral Reef Garden (NDCRG), which is a stone’s throw away from the site of the IMF-World Bank meeting.
Finance Minister Sri Mulyani said ecosystem insurance including marine biodiversity offers great business opportunity.
“As we know we have the largest population of coral reef in the world and our activities can destroy the ecosystem of coral reef. This (transplantation) activities has me think that we should create an insurance plan to protect our coral reef. We will discuss this to the insurance world as an asset because coral reef doesn’t belong to us. We should also change our behaviour and our lifestyle to ensure we don’t create bad impact,” said Ms Mulyani.
Mr Pandjaitan added that beyond the main agenda of the IMF-World Bank meeting, Indonesia is offering several side events showcasing key issues such as ecosystem protection and visits to disaster-struck areas.
“Yesterday a representative from the World Bank and the IMF visited Palu and extended their support and sympathy. Tomorrow Ms Lagarde and I will go to Lombok to convey our sympathy,” Mr Pandjaitan told in a press conference.
