The Indonesia Climate and Growth Dialogue (ICGD) launch during the closing session of the Indonesia International Sustainability Forum 2024. (Photo : NK-VOI) -
VOInews, Jakarta : The Special Envoy for Climate Finance for the Republic of Indonesia, Mari Elka Pangestu, along with founding members Budi Djiwandono (Parliament), Shinta Kamdani (APINDO), Riki Frindos (Kehati), Masyita Crystallin (Systemiq), Nirata Samadhi (WRI Indonesia), Alin Halimatussadiah (LPEM-UI), William Sabandar (IBC), Dharsono Hartono (KADIN), and (CSIS), launched the Indonesia Climate and Growth Dialogue (ICGD) during the closing session of the Indonesia International Sustainability Forum 2024.
ICGD is a platform for multi-stakeholder collaboration to provide input and contribute to strategic thinking and evidence, ensuring Indonesia achieves 6-8% economic growth that is green, blue, resilient, and inclusive. The ICGD has 3 key objectives.
First is accelerating sub-sector development: Working together, the dialogue will provide strategic inputs on the development of critical sub-sectors in Indonesia that contribute to green growth, focusing on areas that drive growth, attract investment, and create jobs.
This includes unpacking the growth opportunities in critical sectors like energy, industry, nature, oceans and the circular economy.
Second is scaling finance: We know that capital is not flowing fast enough or at scale to capture these opportunities. This is exacerbated by ongoing macro and geopolitical challenges, a high perception of country risk and a lack of project pipeline. This dialogue aims to concentrate our efforts on delivering and scaling financing solutions that are truly additional, tailored to real-world needs, and ready for implementation.
Third is identify and Activate Key Themes & Enablers: Our priority is to identify and activate the key themes and enablers that will drive our green growth agenda – working together with key players in each sector.
"The success of the Indonesia Climate and Growth Dialogue (ICGD) in driving Indonesia’s green growth and climate transition relies on strong collaboration and commitment from all stakeholders. By working together, we can ensure that Indonesia not only achieves sustainable economic growth but also leads the way in addressing the urgent challenges of climate change," said Mari Elka Pangestu, Chair of the Indonesia Climate and Growth
Dialogue (ICGD).
Indonesia Climate and Growth Dialogue (ICGD) serves as a space for multistakeholder convening to provide input and contribute to the thinking and evidence to ensure we can achieve 6-8% growth for Indonesia's prosperity that is green and blue, resilient and inclusive//VOI
Book Launch "Climate Action 101" at the venue of ISF 2024 on Friday September 6th 2024. (Photo : Kemenkomarves) -
VOInews, Jakarta : The Habibie Center, in collaboration with the Society of Renewable Energy, is proud to launch the first version of the book "Climate Action 101: Indonesia's Guide for Newbies" at the Indonesia International Sustainability Forum 2024 held at the Jakarta Convention Center.
This book is aimed at Indonesia's young generation, providing important insights into climate change, its impacts and significance. In the midst of unprecedented environmental challenges and problems, "Climate Action 101" is a reference for the younger generation to gain an in-depth and practical understanding of climate issues in Indonesia.
At the launch of the book, Nadia Habibie, Secretary of the Management Board of The Habibie Center, and Aufar Satria, Commissioner of the Society of Renewable Energy Indonesia, presented the contents of the book to the audience.
Nadia Habibie emphasized the importance of youth involvement.
“We believe that addressing climate change is especially important for young people, for two reasons. First, we want to create a fair system where everyone is subject to a system of checks and balances, to ensure that the interests of all members of society are protected, especially those who are vulnerable. Second, climate change is already happening, and we must immediately take action to address it. This pressing issue demands our attention because of its long-term impact on our environment. As the younger generation, we will feel the impact of climate change."
Aufar Satria also highlighted the need for collective action.
“We need everyone's involvement to tackle climate change, especially the younger generation. Balancing greenhouse gas emissions with economic growth requires lifestyle changes, international collaboration, and addressing the green premium. We also need to address the financing gap to achieve net zero emissions. Green premium refers to the higher initial cost of implementing green technology. To address this, we must work together to reduce these costs as much as possible.”
Nadia Habibie further explains the purpose of this book.
“This book is designed to facilitate education about climate change, especially for the younger generation. This book encourages not only lifestyle adjustments, but also advocacy for a better environment and world. We will also compile this book in Indonesian."
Indonesia is a key player in the global sustainability landscape, because there are three main advantages that can help us grow as a nation and reduce greenhouse gas emissions, namely:
1. Indonesia has abundant renewable energy sources, including solar and geothermal power.
2. Indonesia has important minerals needed to advance green technology, such as nickel and copper.
3. Indonesia has a significant carbon sink, meaning it can absorb more carbon dioxide than many other countries.
With the launch of this book, it is hoped that Indonesia's young generation will gain a deeper understanding of climate change and be motivated to actively participate in environmental protection efforts//VOI
Coordinating Minister for Maritime Affairs and Investment (Menko Marves), Luhut B. Pandjaitan and Finanace Minister, Sri Mulayani at the 2024 Indonesia International Sustainability Forum (ISF) Thematic Session in Jakarta, Friday (6/9). (Photo: Doc. Marves Public Relations) -
VOInews, Jakarta : ASEAN is endowed with abundant natural resources that are critical to global decarbonization efforts and this positions Southeast Asia as a key player in the global energy transition. As a country in ASEAN, Indonesia has long been an energy exporter, supplying coal and natural gas throughout the world.
However, as the world shifts towards a low-carbon future, Indonesia must also shift to becoming a major exporter of renewable energy.
Coordinating Minister for Maritime Affairs and Investment (Menko Marves), Luhut B. Pandjaitan explained that one of the renewable energies that has great potential for Indonesia is solar power which is estimated at around 3,300 GW.
"This is not only to decarbonize Indonesia but also to contribute to the global energy transition," said Coordinating Minister Luhut in his remarks at the Thematic Session "Decarbonisation opportunities in ASEAN" at the 2024 Indonesia International Sustainability Forum in Jakarta on Friday (6/9).
Furthermore, Coordinating Minister Luhut explained that Indonesia had also collaborated with Singapore in green electricity trade.
"This will open up investment of around USD 30-50 billion in solar power generation and solar photovoltaic (PV) manufacturing," explained Coordinating Minister Luhut.
In the transportation sector, Indonesia has launched several incentive programs for electric vehicles. Between 2022 and 2024, Indonesia doubles sales of battery electric vehicles (BEVs), attracting investment of around USD 10 billion.
In addition, as the world's largest producer of crude palm oil (CPO) and abundant seaweed production, Indonesia has significant opportunities to explore biofuel production.
"Our vast natural landscape offers significant potential for nature-based carbon sinks, with the ability to reduce up to 1,860 MtCO2e through large-scale forest rehabilitation programs and a storage capacity of 400 Gigatonnes for Carbon Capture Storage (CCS)," added Coordinating Minister Luhut.
Coordinating Minister Luhut said that despite the various natural potentials that exist, Indonesia cannot carry out these decarbonization efforts alone.
"Collaboration is essential to ensure that the necessary technology is accessible, which drives sustainable development across the region and that substantial investment is available to fund this decarbonization initiative," concluded Coordinating Minister Luhut//VOI
The signing of this LOI was carried out by Deputy General Chair for Maritime Affairs and Fisheries at the Indonesian Chamber of Commerce and Industry, Joseph Pangalila and Senior Vice President & Executive Chair of Indonesian Conservation, Meizani Irmadhiany. (Photo : NK-VOI)
VOInews, Jakarta : In order to accelerate the development of the International Tropical Seaweed Research Center (ITSRC) as a Center of Excellence for Indonesian Tropical Seaweed, the Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves) signed a Memorandum of Understanding between Deputy for Maritime Resources Coordination of the Coordinating Ministry for Marves (Firman Hidayat) and Indonesian Global Compact Network Association (IGCN), Friday (06/09/2024). This agreement is one of the important things implemented in the Indonesia International Sustainability Forum 2024 (ISF 2024).
“This collaboration is a strategic milestone in accelerating the development of ITSRC as a Center of Excellence for Indonesian Tropical Seaweed. "This is an important collaboration between the Coordinating Ministry for Maritime Affairs and Fisheries and IGCN," said Deputy Firman after signing the agreement.
Regarding this collaboration, Deputy Firman expressed his gratitude not only to ICGN but also to the United National Global Compact, which is a network of various experts, practitioners and entrepreneurs who focus on issues of poverty alleviation, sustainability and social justice, which provide full support for this collaboration.
"With the support of this extensive global network, this collaboration will unlock the enormous potential of Indonesian seaweed, which has the largest diversity of tropical seaweed in the world," he said.
In this series of events, Deputy Firman also carried out a Letter of Intent (LOI) Announcement of the Indonesian Chamber of Commerce and Industry's Interest in Collaborating with Indonesian Conservation on the Blue Halo S Program to Promote Sustainable Blue Economy Development in Indonesia.
"This signing shows that we are fully committed to supporting the Sustainable Blue Economy program," said Deputy Firman.
Representing the Indonesian Chamber of Commerce and Industry while giving a speech, Deputy Chairperson for Organization, Legal and Communication Affairs of the Indonesian Chamber of Commerce and Industry, Yukki Nugrahawan Hanafi stated that the Indonesian Chamber of Commerce is committed to supporting sustainable projects related to Blue Halo S.
"The Indonesian Chamber of Commerce has productively provided business proposals through "Our members, in various Indonesian Fisheries Management Areas (WPP), we believe in a sustainable economy that focuses on the blue economy concept," said Yukki//VOI