PALMOILMAGAZINE, JAKARTA – Indonesia has demonstrated its commitment to reducing greenhouse gas (GHG) emissions, aligning with the global Enhanced Nationally Determined Contribution (E-NDC) agreement. In an effort to achieve its goal of reducing GHG emissions by 32%, equivalent to 358 million tons of CO2 by 2030, the Indonesian government has diligently worked to surpass this target, aiming for a 41% reduction amounting to 446 million tons of CO2, with support from various countries.
This commitment bore fruit in 2022 when Indonesia successfully reduced GHG emissions by an impressive 118.2 million tons of CO2. Not only did this achievement exceed the annual target of 116 million tons of CO2, but it also resulted in a bonus reduction of approximately 2 million tons of CO2.
The bonus, according to General Director of New Renewable Energy and Energy Conservation Ministry of Energy and Mineral Resource, Yudo Dwinanda Priaadi, could be the chance to be traded in carbon markets. This showed that Indonesia is fully committed in the global level.
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“We know that the bonus reached about 2 million tons CO2. If it may, the bonus could be traded in carbon markets because we do better than our target. This is the same with massive ambition and commitment of Indonesia to reduce green-house gas emission,” he said in TRIPATRA Engineering Sustainable Summit in Jakarta, as in the official statement to Palmoilmagazine.com recently.
Energy is one sector that highly contributed to GHG emission reduction reaching 91,5 million tons CO2 in 2022. It happened for efficient actions, such as, advantaging new renewable energy, low carbon fuel use, and cleaner technology applications. These reflected the hard work of Indonesia in publishing policy and implementing innovative solutions to realize the targets.
But Indonesia would not be satisfied to the achievement. Indonesia got further vision by having net zero emission in 2060 or sooner. To realize it, Yudo continued and emphasized, it is important to get supports from global communities into two major aspects, they are, fund and technology.
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The fund would be the key element in energy transition heading to sustainable future. Indonesia would need huge investment to mobilize environmental projects and accelerate clean energy application. The financial supports from global communities would help Indonesia to be faster and more efficient in realizing net zero emission.
Technology development would significantly play the roles to realize the goal. Indonesia would also need technologies which are not innovative only but also be affordable. The efficient and productive technologies would enable Indonesia to massively get transformation in energy sector and significantly reduce GHG emission. (T2)
