Abstract

As the largest maritime country in the world, Indonesia has extremely large and diverse natural resources, both in the form of renewable and non-renewable natural resources. The natural wealth must be managed optimally to improve the welfare and prosperity of the Indonesian people. In the operation of marine economy, financial services also have a huge effect on the development of marine industry as a whole. This paper aims to analyze the supporting activities of auxiliary operations of financial services, especially pawnshops, in supporting the development of the ecologically friendly marine economies, particularly for vulnerable small fishermen. The research method used is empirical juridical by conducting library research related to legal principles, legal rules and legal norms related to private pawning. In addition, field research was also conducted to obtain primary data related to the existence of private pawnshops in the development of the fishing industry and its environmentally friendly approaches. The results of the study show that pawning has actually great potential for industrial development, including the fishing industry; but even though there are arrangements to facilitate the supervision of private pawning businesses, in practice there are still not many private pawns registered. Although not many have been registered, from time to time it shows progress. The existence of private pawnshops in Indonesia in the direct development of the fishing industry is still not widely used.

Highlights

  • Indonesia is the largest archipelagic country in the world with approximately 17,504 islands in Indonesia, and 16,671 islands have been standardized and registered with the United Nations (UN)

  • The area of Indonesian waters is 6.4 million km2 which consists of 0.29 million km2 of territorial sea, 3.11 million km2 of inland waters and archipelagic waters, and 3.00 million km2 of the Indonesian Exclusive Economic Zone (EEZ)

  • Fish resources in Indonesia’s seas cover 37% of the world’s fish species, of which several species have high economic value, such as tuna, shrimp, lobster, reef fish, various types of ornamental fish, shellfish, and seaweed

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Summary

Introduction

Indonesia is the largest archipelagic country in the world with approximately 17,504 islands in Indonesia, and 16,671 islands have been standardized and registered with the United Nations (UN). The area of Indonesian waters is 6.4 million km which consists of 0.29 million km of territorial sea, 3.11 million km of inland waters and archipelagic waters, and 3.00 million km of the Indonesian Exclusive Economic Zone (EEZ). As the largest maritime country in the world, Indonesia has very large and diverse natural resources, both in the form of renewable natural resources (fisheries, coral reefs, seagrass beds, mangrove forests, seaweed, and biotechnology products), non-renewable natural resources (oil and gas), natural gas, tin, iron ore, bauxite, and other minerals), marine energy (such as tides, waves, wind, OTEC (Ocean Thermal Energy Conversion), as well as marine and small island environmental services for marine tourism, sea transportation, and sources of biodiversity and germplasm). The sustainable potential of Indonesia’s marine fish resources is estimated at 12.54 million tons per year spread over the territorial waters of Indonesia and the waters of the Indonesian Exclusive Economic Zone (ZEEI) [2]

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