¹Faculty of Economic and Business, Universitas Sebelas Maret, Indonesia

²Local Wisdom Research Group, Universitas Sebelas Maret, Indonesia

³Financial Markets and Institutions Research Group, Universitas Sebelas Maret, Indonesia

Email: tastaftiyan.risfandy@staff.uns.ac.id

Environmental damage, climate change, and global warming have been significant issues in recent decades. It can cause severe impacts such as pollution and changes in weather and climate. The impact is more severe due to the utilization of natural resources without considering sustainability aspects and environmental protection. The implementation of policies and strategies is considered for prioritizing economic interests rather than thinking about environmental sustainability. This study uses a literature exploration method jointly with the perception exploration method from stakeholders. This study aims to answer various questions about implementing the green economy in Indonesia. We conclude that the community paradigm regarding the green economy needs to be encouraged to support policies on the management and utilization of natural resources related to environmental sustainability. To implement green economy-based sustainable development, several instruments are needed in the form of government regulations, strategic planning documents, subjects involved in the implementation, and socialization.