Jakarta: Indonesian President Joko Widodo (Jokowi), in his speech at the Asia Zero Emission Community (AZEC) Summit in Tokyo on Monday, outlined various workable measures for dealing with climate change.
A statement from the president’s secretariat in Jakarta said that the inaugural AZEC Summit took place at the office of the Japanese Prime Minister.
“Each country has its own unique and distinctive energy transition strategy according to its national conditions. For instance, Indonesia is implementing a strategy called the Indonesian Way of Just Energy Transition by developing new and renewable energy and promoting decarbonization,” Jokowi remarked.
He noted that Indonesia, as the world’s third-largest tropical forest country, had taken various measures for overcoming climate change, such as suppressing deforestation and forest degradation while leveraging mangroves as carbon sinks.
“I hope that the AZEC will prioritize forging cooperation in decarbonization through inclusive financing to support CCS (carbon capture storage) and CCUS (carbon capture utilization and storage) projects,” Jokowi stated.
In his speech, he also highlighted the importance of innovative financing schemes to support the energy transition.
