scholarly journals Energi Terbarukan dan Ekonomi Syariah: Sinergitas Mewujudkan Sustainable Development

2021 ◽  
Vol 8 (3) ◽  
Author(s):  
Azwar Iskandar ◽  
Khaerul Aqbar ◽  
Sulkifli Herman
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Value Chain ◽  
Green Economy ◽  
Easy Access ◽  
Investment Financing ◽  
Self Sufficiency ◽  
Qualitative Descriptive ◽  
Halal Food ◽  
Islamic Economic

The urgency of the availability of renewable energy, green economy and implementation of Sharia Economy actually has a spirit that is in line with the efforts of the global community in supporting sustainable development. The synergy between Sharia Economy practices in Indonesia and renewable energy programs in order to realize it becomes an inevitability. This research aims to describe the concept of synergy of Sharia Economy practices and renewable energy programs in Indonesia in order to realize sustainable development. This research is qualitative descriptive research through library study methods and content analysis. The results showed that the synergy scheme between renewable energy programs and Islamic economic/financial practices can be done in the form of: (i) sharia financial sector can be an instrument of EBT investment financing; (ii) the utilization of EBT may be a supporter and spearhead of halal industry, such as halal food and beverages, Muslim fashion, halal tourism, pharmaceuticals and halal cosmetics and halal media and recreation; and (iii) in the context of socially religious EBT financing, EBT can be done with the concept of ta'āwun and sedekaj jariah through crowd funding and waqf. In order to optimize the synergy between renewable energy programs and sharia economy, some steps and Quick Wins programs that can be done are: (1) campaigns against the excellence of renewable energy to achieve national energy self-sufficiency; (2) create easy access and attractive financing schemes to support renewable energy; (3) conduct research and publication on renewable energy and potential collaboration with other industries in the halal value chain that can be perceived in Indonesia, especially halal tourism.

scholarly journals Role of Islamic economic and finance in renewable energy: some quotation from Quranic verses and Indonesia experiences

2021 ◽  
Vol 6 (1) ◽  
pp. 583-595
Author(s):  
Azwar Iskandar ◽  
Abur Hamdi Usman ◽  
Syarul Azman Shaharuddin
Keyword(s):  
Renewable Energy ◽  
Value Chain ◽  
Easy Access ◽  
Energy Investment ◽  
Investment Financing ◽  
Library Research ◽  
Conducting Research ◽  
Islamic Economic ◽  
Renewable Energy Investment

This study aims to describe the role of Islamic economic and finance in renewable energy programs in Indonesia. This research is a qualitative descriptive research through library research and content analysis method. The results show that the role of Islamic economic and finance in renewable energy programs in Indonesia is realized in several forms. First, sharia financial sector can be one of the options for renewable energy investment financing instruments. Second, the utilization of renewable energy can be the supporter and spearhead of the halal industry. Third, in a religious social context, renewable energy financing can be done with the concept of ta‘āwun and jāriyah alms through crowd funding and waqf. In order to optimize the role of sharia economy and finance in renewable energy programs in Indonesia, several steps and activities that can be done include: (1) intensifying the campaign against the excellence of renewable energy; (2) providing easy access and renewable energy financing schemes; (3) conducting research and publication on renewable energy and potential collaboration with other industries in the halal value chain that can be perceived in Indonesia.

scholarly journals Green Economy and Renewable Energy Focusing on the Biomass Energy Source

2016 ◽  
Vol 9 (3) ◽  
pp. 56 ◽  
Author(s):  
Mohammed Ebrahim Hussien ◽  
Chamhuri Siwar ◽  
Rashidah Zainal Alam ◽  
Abdul Hamid Jafar ◽  
Norasikin Ahmad Ludin
Keyword(s):  
Energy Source ◽  
Sustainable Development ◽  
Renewable Energy ◽  
Environmental Sustainability ◽  
Energy Resource ◽  
Biomass Energy ◽  
Energy Resources ◽  
Green Economy ◽  
Renewable Energy Resources ◽  
Energy And Environment

<p>Since conventional energy resources are major source of CO<sub>2</sub> emission, over reliance on fossil fuels has raised questions on environmental sustainability. On way to address these multi-faceted issues of conventional energy sources, the sustainability of energy and environment is through the green economy approach. As such, this paper aims to discuss the concept of green economy in relation with renewable energy. The interdependence of green economy and environmental quality as well as the compatibility of green economy approach with the notion of sustainable development are demonstrated in the paper. Green economy approach fulfils the methodological gaps that exist in the growth models. It is believed that the best economic tool to attain sustainable development goals is by integrating social, economic and environmental elements. Furthermore, energy is believed to be a significant player in determining the greenness of the economy and sustainability as it has economic and environmental value. In addition, this study illustrates the significance of biomass energy resource and CO<sub>2</sub> emissions from fossil fuel combustion. The illustration framework justifies that biomass is the determinant renewable energy source to be a proxy for renewable energy resources. Similarly, it justifies that CO<sub>2</sub> emission of energy sector is considerably significant to represent the CO<sub>2</sub> emissions of the atmosphere.</p>

scholarly journals Global Value Chain: Islamic Economics and Finance Position

2021 ◽  
Vol 6 (3) ◽  
pp. 397-314
Author(s):  
Laila Masruro Pimada
Keyword(s):  
Value Chain ◽  
Secondary Data ◽  
Global Value Chain ◽  
Economic Activities ◽  
Significant Development ◽  
Future Studies ◽  
Positive Growth ◽  
Qualitative Descriptive ◽  
Islamic Economic ◽  
Descriptive Method

The growing number of Muslim populations promotes significant development on Islamic economic and finance activities called halal industry. While the halal industry is experiencing positive growth in the last four years, the Global Value Chain (GVC) – the chain of system that drives international trades and global economic activities – remains stagnant. The present study aims to explain the position of the Islamic economics and finance in the GVC. This study employs a qualitative-descriptive method with systematic literature review approach. By collecting secondary data using strict-processing stages and content analysis techniques, the author manages to meet the study’s purpose. The findings suggest that the Islamic economics and finance have opportunities to boost countries' participation in the GVC activities by harmonizing halal standardization, enhancing financial infrastructures, and providing various financial products. This study contributes to generate government policies and enterprises' decisions in developing the Islamic economics and finance within the GVC framework. It further provides initial insights and potential topics for future studies.

scholarly journals Renewable Energy and Sustainable Development in a Resource-Abundant Country: Challenges of Wind Power Generation in Kazakhstan

2018 ◽  
Vol 10 (9) ◽  
pp. 3315 ◽  
Author(s):  
XU Jianzhong ◽  
Albina Assenova ◽  
Vasilii Erokhin
Keyword(s):  
Power Generation ◽  
Sustainable Development ◽  
Renewable Energy ◽  
Wind Power ◽  
Energy Production ◽  
Wind Farm ◽  
Fossil Fuels ◽  
Power Production ◽  
Green Economy ◽  
Effect Ratio

In recent years, the environmental effects of energy production have increasingly entered into the foreground of the sustainable development agenda. Hydrocarbon-abundant countries are blamed to become the largest emitters of greenhouse gases, trace metals, and other pollutants due to extensive use of oil, gas, and coal in energy production. Combustion of fossil fuels for heat and power generation is reported to be among the major reasons for progressing climate change globally. The United Nations and other international actors have called on national governments to substantially increase the share of renewable energy, but the main point is how to incentivize the resource-rich countries to shift to greener technologies. For the example of Kazakhstan, whose energy sector is centered on coal, this paper discusses the challenges and prospects of wind power as both an environmentally friendly and efficient option to support a transition of a resource-rich country to a green economy and a sustainable energy future. Forty-two locations across the country have been assessed on the parameters of average annual wind speed, wind availability, and four types of potential for wind power production: gross, technical, economic, and emissions reduction. Some of the key findings are that at the height below 50 m above ground level, wind power production is economically viable in electricity-deficientt southern territories, particularly, in Djungar, Saryzhas, Zhuzimdyk, and Taraz. In western, central, and northern parts of Kazakhstan, at a height above 50 m, the most promising areas for wind power production are Caspian, Northwestern, Central, and Tarbagatay corridors. The paper identifies the areas with the highest emission reduction potential and elaborates the policies to encourage the selection of wind farm locations based on their “economic potential-environmental effect” ratio. The approach allows assessing the opportunities, which decentralized wind energy systems offer to transition away from a dependence on fossil fuels and to enable sustainable economic growth.

Transitioning to a Progressive Green Economy in the Philippines

2020 ◽  
Vol 36 (2) ◽  
pp. 155-181
Author(s):  
David Michael M. San Juan
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Environmental Change ◽  
Sustainable Development Goals ◽  
Global Environmental Change ◽  
The Philippines ◽  
Green Economy ◽  
Active Response ◽  
Global Environmental ◽  
Development Goals

Informed by theoretical discussions and statistics on the Anthropocene and sustainable development, this article is focused on tackling Sustainable Development Goals (SDGs), primarily SDG 1 (“end poverty in all its forms everywhere”); SDG 7 (“ensure access to affordable, reliable, sustainable and modern energy for all”); SDG 10 (“reduce inequality within and among countries”); and related SDGs that are at the nexus of poverty, inequality, and renewable energy. This discussion serves as a springboard for (re)crafting a state-led sustainable development plan for the progressive transition to a green economy in the Philippines, as a pro-active response to global environmental change.

Halal clusters

2015 ◽  
Vol 6 (1) ◽  
pp. 2-21 ◽  
Author(s):  
Marco Tieman
Keyword(s):  
Supply Chain ◽  
Value Chain ◽  
Cluster Model ◽  
Business Models ◽  
Weak Link ◽  
Scale Up ◽  
Easy Access ◽  
New Paradigm ◽  
Content Type ◽  
Halal Food

Purpose – The purpose of this study is to propose a halal cluster concept to better organise production and trade of halal food. Design/methodology/approach – This paper builds further on previous work published in the Journal of Islamic Marketing on halal food supply chains and value chains. A cluster analysis is conducted on the Malaysia and Dubai halal cluster to provide a better understanding of their halal cluster models and sustainability. Findings – Food production and trade has been described as the weak link in the halal value chain. To guarantee availability of and access to halal food, a new paradigm is required in better organising the production and trade of halal food through halal clusters. A halal cluster model is proposed based on five pillars, namely, Muslim consumer, education and research, halal integrity network, halal supply chain and enablers. Research limitations/implications – This conceptual paper proposes a halal cluster model to scale up the production of halal food for the world. However, more empirical research on halal purchasing, halal network development, halal trade and halal parks is needed to support the development of these halal clusters. Practical implications – To better address today’s issues in the halal industries (ingredients, certification, logistics, etc.), there are evident benefits of producing in strong halal clusters, hereby providing easy access to halal ingredients and access to attractive Muslim markets. Originality/value – As halal is going through an evolution, towards a halal supply chain and value chain, new business models are required. It is the first study investigating halal clusters.

scholarly journals Powering the Sustainable Development Goals for Green Growth in Nigeria

2022 ◽  
pp. 650-665
Author(s):  
Kehinde Adekunle Adetiloye ◽  
Abiola Ayopo Babajide ◽  
Joseph Niyan Taiwo
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Social Services ◽  
Sustainable Development Goals ◽  
Sustainable Consumption ◽  
Green Economy ◽  
The Sustainable Development ◽  
Pattern Theory ◽  
Development Goals ◽  
New Policies

This chapter is on the use of the Sustainable Development Goals (SDGs) for the achievement of green economy in Nigeria with the specific aim of assessing the performance of key issues in the SDGs. Five goals SDGs 6, 7, 11, 12, and 15 for water and sanitation, safe human settlements, renewable energy, sustainable consumption and production, and ecosystem, respectively, are selected for assessment for the green initiatives and the economy. Budgets on economic and social services follows the pattern theory: that government allocates and reallocates at will without cognizance of the population's interests. The assessment holds the fact that only two of these goals are being met somehow—renewable energy and clean water—and not necessarily because of the need to achieve the goals but as part of private sector and dynamic market initiatives, clearly indicating failures for the others. For the most part, Nigeria failed in the areas of ecosystem, good human settlement, and responsible consumption. The chapter suggests the encouragement of entrepreneurial initiatives, the initiation of new policies on green economy, and the enforcement of regulations already in place to power the economy.

scholarly journals Bioenergy in the sustainable development of agriculture: problems and prospects of the industry development

2020 ◽  
pp. 21-30
Author(s):  
Tatiana Vladimirovna Rednikova
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Russian Federation ◽  
Agricultural Production ◽  
Agricultural Waste ◽  
Legal Regulation ◽  
Green Economy ◽  
High Tech ◽  
The Sustainable Development ◽  
The Russian Federation

The Russian Federation has a huge potential for the development of agricultural production. Sustainable agricultural development is the basis for ensuring the country's food security. The 2030 Rural Territories Sustainable Development Strategy of the Russian Federation emphasizes the necessity to develop environmentally determined agriculture strengtheninig the sustainability of ecosystems and sustaining life and activities of rural dwellers. The subject of the article is the importance of bioenergy as one of the promising areas of generating electricity from renewable sources for the sustainable development of agriculture, as well as its role in reducing the negative impact on the environment of agricultural production. Bioenergy as one of the high-tech components of the green economy allows us to ensure the return of organic agricultural waste to the production cycle. Thus, the development of bioenergy can make a significant contribution to solving the problem of agricultural waste disposal and at the same time provide rural regions with heat and energy, which is especially important for remote regions of the country with poorly developed infrastructure. At the same time, the need to attract initial investment is one of the main problems that prevent the widespread introduction of bioenergy facilities in our country. In the last decade, a number of positive developments have taken place in the field of legal regulation of renewable energy in the Russian Federation. Only through the development of legal regulation, taking into account the current Russian and foreign experience, can we create a truly effective renewable energy industry in the country &ndash; bioenergy, which will simultaneously solve the problems of environmental protection in agriculture.

scholarly journals Transition To A Green Economy In The Context Of Selected European And Global Requirements For Sustainable Development

2014 ◽  
Vol 16 (4) ◽  
pp. 203-226 ◽  
Author(s):  
Zofia Wysokińska
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Green Economy ◽  
Energy Sources ◽  
Sulfur Oxides ◽  
Eastern European ◽  
Goods And Services ◽  
Eastern European Countries

The aim of the paper is to present selected aspects of sustainable development related to environmental protection and the creation of a green economy, with special reference to the global and European context for the development of an environmentally friendly goods and services market, taking into account the cases of Central and Eastern European countries. One of the most important elements of the strategy to promote clean economic growth and foster the transition to a more sustainable and greener economy is the energy sector, where the aim is to reduce greenhouse gas emissions and sulfur oxides and support the development of renewable energy sources. Some of the achieved results in this area are presented in this paper.

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