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All Journal Quantitative Economics and Management Studies International Conference on Islamic Economic
Lestari, Dhoya Safira Tresna
Unknown Affiliation
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Mathematics

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Blue Economy Financing: Sustainable Aquaculture in Indonesia Lestari, Dhoya Safira Tresna; Purwanto, Setiyo
Quantitative Economics and Management Studies Vol. 6 No. 3 (2025)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems3991

Abstract

The aquaculture sector is a strategic component in Indonesia's marine development, but its sustainability faces serious challenges such as environmental degradation, limited access to finance, and low adoption of environmentally friendly practices. This study aims to analyze the influence of Blue Economy Financing (BEF) on Sustainable Aquaculture (SA), considering the mediating role of environmental, social and governance (ESG) factors. The study uses an explanatory quantitative approach using the Partial Least Squares–Structural Equation Modelling (PLS-SEM) method, based on sample data of 120 seaweed farmers in the coastal area of South Sulawesi. The results of this study show that BEF strongly supports the sustainability of sustainable aquaculture. However, ESG mediation has no effect on increasing the role of BEP in the development of SA. Although the model has adequate predictive capabilities for sustainability, the influence of BEF on ESG is not strong enough to explain and convince the public, investors and the government for the development of SA. To optimize the role of ESG as a catalyst for sustainability, supporting strategies such as institutional strengthening, technological innovation, and integrated policy interventions are needed. This research confirms that BEF is an important instrument in encouraging sustainability transformation in the aquaculture sector. These findings provide practical implications for the development of a more adaptive blue financing scheme in supporting Indonesia's sustainable marine development agenda.
Industrialization Program To Overcome Economic Gaps In Society: Islamic Economic Perspective Lestari, Dhoya Safira Tresna; Ainulyaqin, Muhammad Hamdan
International Conference on Islamic Economic (ICIE) Vol. 1 No. 1 (2022): April
Publisher : Sekolah Tinggi Agama Islam Darul Ulum Banyuanyar Pamekasan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58223/icie.v1i1.109

Abstract

This research was motivated by the current growth of industrialization. Along with the increasing growth in the industrial sector, people have specialization and increase in income. This study discusses how the rapidly growing industrialization program had an impact on solving economic problems, in terms of overcoming economic inequality. Through a descriptive approach and a sharia approach, the authors collected data using a library research method. Industrialization in the Islamic perspective must be in accordance with the maqashid sharia, as shown in the Quran which is beneficial for all parties. The results of this study explain that the industrialization program has a substantial impact on the economic growth of a country. With the growth of a country's economy, the country leads to prosperity. Where welfare is often represented through equalization of rights among the community in getting equal opportunities in any case, so that there are no gaps/inequalities in society.
Co-Authors Muhammad Hamdan 'Ainulyaqin Setiyo Purwanto