The role of budgeting in realizing a green economy and economic growth

The Green Economy concept is an important component of Indonesia’s economic development plan. This concept is a comprehensive approach to reflect the interdependence between the economy and the ecosystem, taking into account the negative impact of economic activities on the environment from a sustainable development point of view. The trust growth program seeks to create a conducive environment for investment and capital raising, which is carried out with the government to build investors, attract capital, and create sustainable ‘green’ business models that can generate profits, as well as open up new untapped opportunities. The purpose of this study was to determine the importance of the role of budgeting in realizing a green economy and economic growth. This study uses library/literature research. An important step towards realizing green growth for Indonesia is to establish a convention for a vision of what Indonesia wants to achieve by 2050 – a vision linked to a comprehensive green growth strategy. Achieving this vision requires taking advantage of current and future green growth opportunities strategies. The obligation to carry out budgeting, if any, must also be carried out at the regional level.