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Tuesday, 18 July 2023 12:42

Indonesia Has Important Leadership Role In Green Transition: Minister

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VOINews, Jakarta - Indonesia has a crucial leadership role in the green transition toward a low-carbon country, as it is a developing country and market, Minister of Finance Sri Mulyani stated.

This aligns with Indonesia's long-term climate resilience and low-carbon strategy. Moreover, the country is committed to achieving zero emission by 2060, she stated during the High-Level G20 India side event, as quoted from a statement on Tuesday.

To this end, Indonesia continues to intensify cooperation with other stakeholders, such as through the Green Climate Fund, Global Environmental Facility and Adaptation Fund.

According to the minister, this cooperation should be translated into effective and credible actions. Thus, Sri Mulyani ensures that Indonesia will continue to play a role.

The High-Level G20 India side event -- Seminar Achieving Growth-Friendly Climate Action and Financing for Emerging and Developing Economies -- is part of G20's 3rd Finance Ministers and Central Bank Governor Meeting (FMCBG) agenda in India.

The meeting discussed the challenging condition of the global economy and the policies to respond to it.

The recent years have become very important because the world is in a weak state and geopolitics affects the decline in the world economy. This fragmented condition should be understood and properly managed, Mulyani emphasized.

Because of this, Indonesia continues to improve its economic performance. Throughout the meetings, Indonesia is deemed to be one of the countries, with good economic and financial performance.

In addition, the minister stressed that Indonesia will continue to play an active role in global forums, especially to convince that it is able to anticipate and manage various global policies and maintain its interests at the global level.

She also emphasized that Indonesia will work hard to maintain its economy and state budget. (Antaranews)

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