G20 Indonesia: Synergy Development and Nature Conservation

TIMESINDONESIA, DENPASAR – Development with environmental preservation become an important issue at the 2022 Indonesia G20 Summit in Bali. The ministers at the G20-related meeting stated Indonesia's attitude and efforts in supporting sustainable development.

Coordinating Minister for Maritime Affairs of the Republic of Indonesia, Luhut Binsar Panjaitan said that Indonesia supports concrete actions in handling climate change. All regulations are made carefully for handling climate change.

"All policies made are carefully calculated. I don't want my grandson and his generation to be damaged because we made the wrong policy," Luhut said in the B20 side event: Indonesia Net Zero Summit 2022: Industrial Decarbonization at All Cost' held at BNDCC, Nusa Dua, Bali, Friday (11/11/2022).

With 30 participating countries attending this conference not only discussing industry but efforts to save the world from climate damage.

"The Indonesian nation itself is very concerned about climate change,"  Luhut said.

He also receives input if there are foreign parties who provide input on climate change efforts without disrupting the sustainability of the country's economy.

In addition, at a supporting event for the G20 Summit series, the Bloomberg CEO Forum, held in Nusa Dua, Bali, Friday, Luhut mentioned that Indonesia had made several efforts to deal with climate change.

This includes mangrove restoration, peatland conservation, and the development of electric vehicles. He considered that Indonesia understands the shared responsibility to protect the environment for the sake of future generations.

Furthermore, Minister of Investment Bahlil Lahadalia in his speech at the B20: Indonesia Net Zero Summit 2022 explained that this nation is also investing in clean energy.

He stated that Indonesia plans to build a hydropower plant with a capacity of 9,000 MW in North Kalimantan with a total investment commitment of up to 130 billion US dollars.

Bahlil explained that Indonesia's wealth of natural resources has tremendous potential in supporting the change to clean energy.

According to Kadin's statement, the Indonesia Net Zero Summit 2022 opened the discussion through five-panel sessions which emphasized the importance of moving to a greener economy.

Some issues raised in the five panels are Value Chain Decarbonization, the Call for Ambitions: Hard to Abate Industries, Decarbonizing Power Grid, Corporate Climate Governance, and Engagement Through the Financial Sector.

Moreover, The Chairperson of the Indonesian Business 20 (B20), Forum Shinta Widjaja Kamdani explained the challenges to decarbonization efforts.

In achieving decarbonization, support and cooperation are needed, especially in ensuring a sustainable energy transition.

According to Shinta, the government needs to provide an incentive for companies that carry out decarbonization.

One example of such funding could come from the provision of special banking funding to an industry.

Sinta explained that the industry must be able to view decarbonization as producing efficiency and other things.

"And the most important thing is the mindset why (decarbonization) is something that must be done," she said.

Al the more, at the series of events before the G20 Summit, Indonesia also explained that the construction of the archipelago's new capital city on Kalimantan Island would be one of the most sustainable cities.

According to the Head of the IKN Authority Agency, Bambang Susantono, the development of the Archipelago's IKN prioritizes livable aspects by paying attention to the five elements of a future modern city, namely green, smart, inclusive, resilient, and sustainable.

Apart from being nature-friendly, IKN will later have excellent access and quality urban services.

The government designed the Archipelago's IKN to become a Sustainable Forest City, that is, only about 25 percent of the entire IKN is a built environment.

Then the remaining 75 percent will be maintained as a green area, including 65 percent of the area will remain a tropical forest which acts as a carbon sink.

IKN Nusantara, which is currently still in the infrastructure development stage, will later be targeted to become a carbon-neutral city in 2045.

The city in 2045 is expected to contribute to Indonesia's efforts to realize the Nationally Determined Contribution (NDC) target as well as the Paris Agreement.

Indonesia plans to implement decarbonization to achieve the Net Zero Emission (NZE) target in 2060.

The Ministry of Energy and Mineral Resources (ESDM) explained several efforts to implement decarbonization, including the conversion of fossil energy into clean energy.

The initial step for the conversion is to replace the diesel power plant in the 3t area with a gas-fired power plant and renewable energy.

The next thing is to carry out a carbon capture technology pilot project, converting oil-based vehicles into electric vehicles, using electric household appliances, and implementing the termination of coal plants.

According to the Ministry of Energy and Mineral Resources, resources in Indonesia in supporting the energy transition roadmap also come from mineral resources, including nickel, copper, bauxite, manganese, tin, and many more.

Several energy ministers from the G20 countries also hoped that the acceleration of the energy transition would become a joint commitment in the declaration points of the highest meeting of the G20 Summit.

There are three priority issues in Indonesia's G20 Presidency in 2022 namely global health architecture, sustainable energy transition, and digital and economic transformation.

The heads of the G20 delegations will discuss these three issues on November 15-16 at the summit that will be held on the Dewata Island.(*)

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