Indonesia
2023
Navigating Indonesia’s net-zero journey
August 31, 2023
Grand on Thamrin Ballroom, Pullman Jakarta Thamrin CBD
Synopsis
In partnership with Jakarta Investment Centre
The race is on for Indonesia to achieve its announced goal of achieving net zero carbon emissions by 2060. Achieving this landmark goal, however, will require the country to triple its investments into renewable energy by 2030 – equivalent to an additional US$8 billion a year by the end of the decade, according to the International Energy Agency.
While the US$20 billion Just Energy Transition Partnership — announced by Indonesian President Joko Widodo and other world leaders in November 2022 to help Indonesia reduce its reliance on coal power — may provide some aid over the next five years, it is far from enough to cover the long-term expenses needed to achieve its net zero goal.
Challenges such as the high cost and lack of infrastructure for renewable energy technologies, Indonesia’s heavy reliance on its manufacturing and industrial sectors, the need to address ongoing social issues such as poverty, inequality, and a lack of public awareness around climate change, add complexities to achieving carbon neutrality.
How can Indonesia gain access to capital for a just and equitable transition? What policy changes and capital allocations are needed to decarbonise or reduce the country’s fossil fuel dependence? How will the nation prioritise its fight against climate change, all while safeguarding the livelihood of its people?
Unlocking capital for sustainability 2023: Indonesia will convene leaders and decision-makers to discuss developments in the country’s sustainability journey, the many obstacles ahead, and the best way forward.
Note: A recording of the session will be made available to participants who register for virtual access to the event.
Key Speakers
Speakers
Agenda
13:40
Registration
Speakers
Moderators
14:15
14:20
Opening address
14:35
Opening keynote
14:50
Panel discussion - Navigating Indonesia's net-zero journey
Speakers
15:30
Q&A
Speakers
Moderators
15:45
16:00
Networking session
Speakers
Moderators
Partners
Strategic partner
Supporting partner
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Pollination
Pollination is a specialist climate change investment and advisory firm dedicated to accelerating the transition to a net-zero, nature positive future. It works with clients across government, business, and public and private capital, helping them to navigate the climate transition. Pollination is also developing several net-zero-focused investment platforms and is a partner in Climate Asset Management, a joint venture with HSBC that currently has US$650m in Assets under Management, across natural capital and carbon strategies.
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Knowledge partners
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Jakarta Investment Centre
Jakarta Investment Centre (JIC) is an investment promotion agency within the Department for Investment and Integrated One Stop Service, Jakarta Capital CityGovernment. Through one-on-one meeting, networking session, and FGD, JIC aims to promote investment potential in various promising projects along with its related policies in Jakarta.
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UNDP
UNDP is the United Nations' lead agency on international development. We work in over 170 countries and territories, helping to eradicate poverty, implement the Paris Agreement on climate change and achieve the Sustainable Development Goals. We connect countries to the knowledge, resources and networks they need to achieve development breakthroughs.
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Centre for Asian Philanthropy and Society (CAPS)
Established in 2013, the Centre for Asian Philanthropy and Society (CAPS) is committed to improving the quantity and quality of philanthropic giving throughout Asia. Our mission is to improve the social investment sector in Asia by identifying and disseminating best practices, models, policies and strategies that can contribute to positive system change.
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Singapore Chamber of Commerce Indonesia
The Singapore Chamber of Commerce Indonesia acts as a bridge between Singapore and Indonesian businesses. The Chamber regularly hosts events and networking sessions to assist Singapore-based business leaders and entrepreneurs make connections with Indonesian government agencies and business community and gain a deeper understanding of emerging business opportunities in Indonesia.
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Climate Policy Initiative (CPI)
Climate Policy Initiative (CPI) is an analysis and advisory organization with deep expertise in finance and policy. Our mission is to help governments, businesses, and financial institutions drive economic growth while addressing climate change. CPI has six offices around the world in Brazil, India, Indonesia, Kenya, the United Kingdom, and the United States.
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