Journal of Development Economics and Digitalization, Tourism Economics (JDEDTE)
Vol. 2 No. 4 (2025): Oktober

MARKET DYNAMICS AND POLICY SYNERGY: ALIGNING GREEN BUSINESS WITH SUSTAINABLE ENVIRONMENTAL GOVERNANCE

Anggi Pratiwi Sitorus (Unknown)
Meisya Syahinda Auni (Unknown)
Aura Afifah Shaliha (Unknown)
Roganda Julyanto Raja Guk-Guk (Unknown)
Frisca Nabilla (Unknown)



Article Info

Publish Date
31 Oct 2025

Abstract

This research aims to identify strategic directions and policy implications for improving alignment between green business and sustainability policy implementation in Indonesia and other developing countries. The research method used is a thematic synthesis of academic literature, international reports, and national policy documents related to green business practices, ESG, and market-policy integration. The results indicate that strengthening market-policy integration through an integrated data infrastructure and institutionalizing ESG as a regulatory standard are key to success. A National Green Market Intelligence System and mandatory ESG compliance can improve transparency, policy effectiveness, and business competitiveness. The study's conclusions confirm that alignment between market mechanisms, policies, and ESG governance forms a Market-Policy Alignment framework that supports sustainable economic growth, regulatory compliance, and environmental management, and encourages an inclusive transition towards the Green Economy 2045 vision.

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Journal Info

Abbrev

jdedte

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Social Sciences

Description

ournal of Development Economics and Digitalization, Tourism Economics (JDEDTE) is a national journal for scientific research: Development Economics, Economic and Digitalization, Monetary and Fiscal Policy, Economic and Public Policy, Environment and Natural resource, Industrial Organization, ...