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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