Jakarta (WNAM MONITORING): Energy and Mineral Resources Minister Bahlil Lahadalia is upbeat about Indonesia mobilizing its profuse natural resources to contribute notably to the global efforts aimed at achieving the net-zero emissions target by 2060.
“Our country is blessed with an enormous amount of natural resources. We have quite abundant renewable energy sources,” the minister noted in a statement received from his office in Jakarta on Friday.
Speaking at an environmental, social, and governance (ESG) awarding ceremony here on Thursday (September 19), Lahadalia affirmed that the transition to the more intensive use of new and renewable energy has become inevitable in countries across the globe.
Hence, to this end, the minister underscored the need for Indonesia to assume a strategic role by exerting even greater efforts to preserve the environment and promote the utilization of clean energy.
“Nowadays, talks across the world revolve around green energy and industry, placing focus on long-term sustainability. With that in mind, I believe we have no choice (but to transition). It is necessary to pay closer attention to environmentally friendly development going forward,” he stated.
The minister then pointed out that in European countries, financial services institutions had begun to embrace the transition to green energy by necessitating people to obtain recommendations from environmental bodies before they could receive financial support.
Indonesia has an enormous new and renewable energy potential of 3,687 gigawatts (GW), comprising 95 GW of hydropower, 3,294 GW of solar power, 57 GW of bioenergy, 24 GW of geothermal energy, 155 GW of wind energy, and up to 63 GW of sea wave power electrification potential.
Moreover, the Indonesian government has emphasized its commitment to cutting carbon emissions by at least 912 million tons by 2030 in the Enhanced Nationally Determined Contributions (ENDC) document.
