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Cabinet Secretariat of the Republic of Indonesia | President Jokowi encourages ASEAN-US partnership in climate change management

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President Jokowi attends a meeting of leaders of ASEAN countries with US Vice President Kamala Harris, at the US Department of State, in Washington DC, Friday (05/13/2022). (Photo: BPMI Setpres/Laily Ratchev)

Indonesian President Joko Widodo (Jokowi) conveyed three important points related to climate change during a meeting of the leaders of ASEAN countries with the Vice President of the United States (US) Kamala Harris, at the State Department American, in Washington DC, Friday (05/13/2022). ).

“Climate finance must be satisfied, cooperation in the energy transition must be strengthened and investments in the green economy must be increased,” the president said during the meeting, which specifically addressed the issues of climate change, clean energy transformation and sustainable infrastructure.

With regard to climate finance, the President encourages the commitment of other developed countries to fulfill all their commitments in the realization of the NDC (Nationally determined contributions) globally. According to President Jokowi, during the period 2000-2019, ASEAN received only US$56 billion, or about 10% of the total climate finance support from developed countries.

I must say frankly that the commitment of developed countries in the implementation of the issue of climate finance is very weak. This condition is an obstacle to the realization of the NDC on a global scale, explained the president.

Furthermore, President Jokowi said that ASEAN is committed to increasing the proportion of new and renewable energy from 14% in 2018 to 23% in 2025.

This effort requires investments and technologies of at least $367 billion (US) in the clean energy sector. In Indonesia, the energy transition of the next 8 years will require 30 billion US dollars, said President Jokowi.

During the meeting, President Jokowi also spoke about Indonesia’s great potential for energy transition, namely the renewable energy potential of about 437 gigawatts from both solar, wind and geothermal, which currently only reaches 0.3% of the total potential.

Indonesia also has great potential as a hub for the development of the electric vehicle ecosystem in the region, which we will need over the next five years,” said President Jokowi.

Meanwhile, regarding investments in the green economy, President Jokowi revealed the potential for great economic opportunities in the development of a green economy. Therefore, a mechanism is needed that brings together not only the government sector but also the business community.

Investment in the green infrastructure sector can become an important part of the ASEAN-US collaboration that will require at least $2 trillion (US) over the next decade,” the President concluded.

Also present at the meeting were US President’s Special Climate Envoy John Kerry, US Energy Secretary Jennifer M. Granholm and US Transportation Secretary Pete Buttigieg.

President Jokowi was accompanied by Coordinating Minister of Maritime Affairs and Investment Luhut Binsar Pandjaitan, Minister of Foreign Affairs Retno Marsudi, Minister of Investment/Head of Investment Coordinating Board (BKPM) Bahlil Lahadalia and Indonesian Ambassador to the United States Rosan Roeslani, while Trade Minister Muhammad Lutfi attended the event in a separate room.(BPMI SETPRES/UN)

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