Pandjaitan hosts the BNEF Net Zero Summit in Bali in November
The momentum will be able to expand the connection and collaboration that initially only begins between the private sector and the public that exists in Indonesia.
Jakarta (ANTARA) – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan hailed BloombergNEF’s (BNEF) Net Zero Summit in Bali in November 2022 as it aligns with the commitment of Indonesia to achieve carbon neutrality.
At the BNEF Summit Bali announcement event in New York, USA on Monday, the Minister noted that through the event, contributions will be received from global business leaders and investors to become carbon neutral.
The commitment to achieve carbon neutrality is an effort to advance post-pandemic global recovery.
“As the head of the Indonesian G20 Organizing Committee in 2022, I welcome the first BNEF Net Zero Summit in Bali on November 12, 2022,” he noted in a written statement on Wednesday.
Indonesia aims to achieve carbon neutrality by 2050 and prevent temperatures from rising more than 1.5 degrees Celsius.
This is integrated into the three main priorities of the G20 summit in 2022, in particular in the zero clean energy transition point.
The minister expects the BNEF summit to serve as an impetus to design strategies that use technology to build a more competitive future.
“The momentum will be able to expand the connection and collaboration that initially only begins between the private sector and the public that exist in Indonesia,” he remarked.
The carbon neutral themed summit will bring together 300 global and local business leaders and investors to explore the possibility of growth in the country’s clean zero energy transition and decarbonization efforts.
This must be discussed to fight for the energy transition and the sustainable financing mechanism in connection with the leadership of the G20.
Meanwhile, BNEF is a platform that provides information, data and news on the transformation of the energy sector.
Michael R. Bloomberg, co-founder of Bloomberg LP and Bloomberg Philanthropies, noted that Indonesia, as the nation with the largest economy in Southeast Asia, has vast potential to develop clean energy.
This will facilitate the transition from fossil fuels in the region.
By doing so, Indonesia can highlight the need for investment to manage climate change, create local jobs, support entrepreneurship and grow the economy, he explained.
Related News: Minister Highlights Role of Blue Economy in Reducing Carbon Emissions
Related News: Yili takes steps to advance its goal of carbon neutrality across the industrial chain before 2050
Related news: Indonesia breaks down scenario to achieve carbon neutrality at G20