Jakarta, wapresri.go.id – As an effort to increase the use of clean energy in a sustainable manner, Indonesia has an energy transition plan using New Renewable Energy (NRE) in the electricity sector. In fact, according to the latest nationally determined contribution, Indonesia has an increased target of reducing carbon emissions from 29 percent to 31.89 percent.
Regarding financing, based on data from the Ministry of Energy and Mineral Resources, Indonesia needs up to USD 1 trillion by 2060 for renewable energy investments. Therefore, a collaboration between financial institutions and entrepreneurs is needed to finance these investments.
“I invite business partners and financial institutions, both conventional and sharia, to collaborate to help finance the energy transition in Indonesia to achieve net-zero emissions by 2060,” said Vice President (VP) K. H. Ma’ruf Amin when closing the Side event of G20 with themed “Guarding Energy Transition in Indonesia and Beyond: High-Level Policy Discussion on Promoting Investment, Financing, and Development of Renewable and Green Energy” virtually, Wednesday (26/10/2022).
In the event organized by the Association of Indonesian State Universities Alumni Organizations (HIMPUNI), the VP said that the government is committed to actualizing energy transformation towards NRE through the development of an electric vehicle ecosystem and targets Indonesia to produce electric cars and buses.
“The government’s commitment to developing the electric vehicle industry ecosystem is also realized by targeting the domestic automotive industry to produce 600,000 electric cars and electric buses by 2030,” explained the VP.
Furthermore, the implementation of NRE is expected to reduce fuel consumption and reduce CO2 emissions through collaboration between stakeholders.
“These efforts are expected to reduce fuel consumption by 3 million barrels by 2030 and reduce CO2 emissions by 1.4 million tons,” stated the VP.
“I invite SOEs and private parties to collaborate in realizing these targets,” he added.
Because, according to the VP, the development of an integrated electric vehicle ecosystem in Indonesia can be realized through synergy and collaboration from related parties.
“Of course, with good synergy and collaboration from all parties, it will be able to accelerate the development of an integrated electric vehicle ecosystem in Indonesia,” urged the VP.
Closing his remarks, the VP hoped that the G20 leadership agenda in Indonesia could be the implementation of contributions to the sustainability of human life around the world, especially the energy transition in Indonesia.
“I hope that the results of the discussion will contribute to the success of achieving Indonesia’s leadership agenda at the G20 and supporting the implementation of Indonesia’s energy transition policy,” concluded the VP.
For information, the side event of the G20 hosted by HIMPUNI was held at the International Convention Center, Bogor Agricultural University on October 25-26, 2022.
Present on the occasion were the Governor of Central Java, Ganjar Pranowo and Pj. Governor of Bangka Belitung Ridwan Djamaluddin as a resource person in the discussion session.
Meanwhile, the VP was accompanied by the Head of the Vice President’s Secretariat Ahmad Erani Yustika, Deputy for Economic Policy Support and Competitiveness Improvement Guntur Iman Nefianto, Deputy for Human Policy Support and Development Equity, Suprayoga Hadi, and Special Staff of the VP Masduki Baidlowi, and Masykuri Abdillah. (NN/LHS – BPMI Setwapres)