As an open-ended forum that aims to drive concrete actions forward, the AIS Forum is on
track to becoming one of the few platforms for archipelagic and island states that promotes
the development of the blue economy. Together with the United Nations Development
Program (UNDP), the Government of Indonesia has developed a Blue Financing Strategic
(BFS) Document that has been adopted within the SDGs Government Securities Framework.
This strategic document will strengthen the framework for issuing blue bonds/sukuk in the
future. The Blue Financing Strategic Document is prepared as a general guide to blue
financing that can be used as a basis to select blue projects and define blue financial
instruments that are relevant to the public sector to open up the capital market. This
mechanism is important to unlock the potential of the blue economy, which is also part of the
Indonesia development strategy.
After a sideline discussion at the Ocean Conference 2017 in New York City and a follow-up Conference on the Archipelagic and Island States Forum in Jakarta in 2017, a common understanding among AIS participating countries was born. The Archipelagic and Island States Forum was then formally established through the adoption of the Manado Joint Declaration during the first Ministerial Meeting of the participating countries on 1 November 2018.
The Archipelagic and Island States (AIS) Forum is a platform designed to include island states and archipelagic countries regardless of their region, size, and development level. A global initiative that brings together 51 archipelagic and island nations to take part in a collective forum addressing challenges of ocean resource usage for sustainable economic growth, climate change resiliency, ocean pollution, emergency management, and the enhancement of sustainable fisheries.
The AIS Forum’s role is to facilitate close cooperation between archipelagic and island states in its four working areas. The forum has fostered connections and collaborative projects through its partnerships with private enterprises, government authorities, universities, NGOs, media and global or regional organisations. This approach aims to create a network of experts, researchers and policymakers who can provide insight and support to the AIS programme.
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