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This study aims to examine Blue Bonds as a guarantee issued by the issuer (government and companies) as alternative financing. Compared to ordinary bonds that are issued only to meet the issuer's funding needs, the transaction results in Blue Bonds will be used to support marine protection, fisheries governance, waste and water pollution management, and the restoration of marine ecosystems. In this study, the author uses the method literature review sourced from journals, books, reports from related ministries, international financial institutions such as the World Bank, and news from national and international media. The results of this study indicate that by issuing Blue Bonds, the government and companies will get more funds from bond investors. Investors will receive a return in the form of a coupon (fixed interest rate) from the issuer and pay according to schedule and the initial principal investment. Not only that, the government and companies will get a good reputation among investors and actively contribute to Indonesia's maritime development.

This article is about how the impact of change and the extent of existing activities contribute to the surrounding community. The development of large private plantations in the East Kutai Regency has also been inseparable from problems, especially in the management of plasma plantations carried out by large plantation companies. Issues that arise include the difference in productivity between nucleus and plasma plantations, the low acceptance of plasma farmers so that it is considered not to improve the welfare of the community. The purpose of this study was to determine the impact of large private plantations on community welfare, evaluating the implementation of plantation development activities in the East Kutai Regency. The sampling method is done by purposed sampling using data analysis methods, the analysis of the cost of the benefits of the area, the analysis of the level of welfare, and analysis of regional influence. With the results of the study as follows: the cost of benefits is positive; the multiplier value is 2,614 and the value of NTM is 0.37.