Kadin Striving for Sustainable Development in Frontier Villages

The Indonesian Chamber of Commerce and Industry (Kadin) is focusing on sustainable development in frontier villages through the Impact Investment Day (IID) 2024. Hosted in Labuan Bajo, the event seeks to foster collaborations that promote sustainable growth in Indonesia’s most remote areas.

Key Points:

• Event Purpose: IID 2024 aims to connect global stakeholders to drive sustainable development, with a focus on frontier villages in Indonesia. Labuan Bajo was chosen for its cultural and natural potential.
• Commitment to Sustainability: Kadin’s Bambang Brodjonegoro emphasized the need for investment in sustainable practices. He highlighted the importance of balancing economic growth with environmental and community well-being.
• Bridging Impact Drivers and Enablers: The event serves as a platform to link social entrepreneurs and innovative communities with investors, philanthropists, and donors, promoting inclusive and sustainable growth.
• Event Activities: IID 2024, a side event of the Indonesia International Sustainability Forum (IISF) 2024, featured business pitching and match funding for social enterprises like BambooCoop and EcoNusa Foundation, with participation from global investors such as Temasek Foundation.
• Future Goals: Kadin reaffirms its dedication to ensuring that economic investments deliver not only financial returns but also positive social and environmental impacts.

The Indonesian Chamber of Commerce and Industry (Kadin) is intensifying efforts to drive sustainable development in frontier villages through the Impact Investment Day (IID) 2024. Hosted in Labuan Bajo, East Nusa Tenggara, the event aims to harness global collaborations to support sustainable growth in Indonesia’s most remote areas.

Highlights:

• Event Objective: IID 2024 focuses on connecting diverse stakeholders to promote sustainable practices in frontier villages, leveraging Labuan Bajo’s unique potential.
• Sustainability Commitment: Bambang Brodjonegoro of Kadin stressed the critical need for investments that balance economic growth with environmental and community health.
• Strategic Partnerships: The event aims to bridge the gap between social entrepreneurs and impact investors, fostering inclusive and sustainable development.
• Key Activities: The IID 2024, part of the Indonesia International Sustainability Forum (IISF) 2024, featured business pitching and funding opportunities for social enterprises such as BambooCoop and EcoNusa Foundation, supported by global investors like Temasek Foundation.
• Future Vision: Kadin emphasizes the importance of ensuring that investments contribute positively to both financial returns and societal impacts, driving progress in frontier villages.