Green Practices Guideline for Forest Operation

INDICATOR INSTRUMENT FACTSHEET INDICATOR: INNOVATION SUB-INDICATOR: RESEARCH AND DEVELOPMENT (R&D) 1. INDICATOR INFORMATION 1.1. GOALS AND TARGETS Goal 1: Establishment of Research & Development (R&D) process, output, and policy for organisation. Goal 2: To increase investment or incentive received to support innovation in green practice to promote commercialisation, Intellectual Property and award/recognition within the organisation. United Nations Sustainable Development Goals • SDG 8: Promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all. • SDG 9: Build resilient infrastructure, promote sustainable industrialisation, and foster innovation • SDG 12: Ensure sustainable consumption and production patterns Green Technology Master Plan (GTMP) 2017 – 2030 Strategic Thrust • ST4: Research & Development & Commercialisation (R&D&C) 8.5.1 A key steppingstone towards an innovative Green Technology (GT) hub 8.5.1.1 R&D&C Projects 8.5.2 Encouraging more localised and demand driven R&D&C • ST2: Market Enablers 8.3.2 Funding GT project development 8.3.3 Exploring Alternative GT Financing Ecosystem 8.3.4 GT Incentives Dasar Sains, Teknologi, Inovasi Negara (DSTIN) 2021 – 2030 • ST1: Advancing Scientific and Social Research Development and Commercialisation 1. Enhance commercialisation and increase uptake of home-grown R&D innovative products through clear guidelines and standards compliance. 2. Increase Gross Expenditure on R&D (GERD) to at least 2.0% of GDP by 2020. 1.2. INDICATOR Innovation 1.3. SUB-INDICATOR Research and Development (R&D) 1.4. LAST UPDATE 13 May 2023 1.5. RELATED SECTORS This indicator instrument applies to the following sectors: • Agriculture & Plantation • Aquaculture • Construction • Forest operation • Livestock • Manufacturing • Mining • Services 101 GREEN PRACTICES GUIDELINE FOR FOREST OPERATION