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G20 Presidency opportunity to expedite nation's energy transition

G20 Presidency opportunity to expedite nation's energy transition
Screenshot—Director general of information and public diplomacy (IDP) at the Ministry of Foreign Affairs, Teuku Faizasyah, joined the ‘Social Activity of the G20 Presidency of Indonesia in the Energy Transition Priority Sector’ virtually on Friday (April 22, 2022). (Antara / Azis Kurmala)

Indonesia's G20 Presidency can be an opportunity to encourage the formulation of public policies that can accelerate the nation’s energy transition.

"And it is a means to maximize opportunities and answer challenges in the development of the new and renewable energy sector," director general of information and public diplomacy (IDP) at the Ministry of Foreign Affairs, Teuku Faizasyah, noted during the ‘Social Activity of the G20 Presidency of Indonesia in the Energy Transition Priority Sector,’ which was held virtually on Friday.

Energy transition is one of the three priority issues of Indonesia’s G20 Presidency. Determining the energy transition is a strategic step, Faizasyah said.

"We understand that, at this time, the world is faced with the challenge of a political security crisis in the European region, namely (in) Ukraine. So, there has been a scarcity of energy," he added.

Related news: Indonesia encourages comprehensive energy transition: Ministry
Earlier, Deputy Minister of Foreign Affairs, Mahendra Siregar, had opined that Indonesia has made the issue of energy transition a priority for its G20 Presidency because, in his view, the discussion on the transition to green energy is very important.

The choice of the energy transition issue reflects Indonesia's views and perspectives as a developing and archipelagic country that is heavily affected by climate change, he added.

Meanwhile, economic observer from the Center for Strategic and International Studies (CSIS), Yose Rizal Damuri, said that currently, climate change has indeed emerged as one of the main problems—besides health recovery and the global economy—whose handling requires increased global coordination.

According to Damuri, the group of 20 of the world's largest economies (G20) could provide a further impetus to global efforts toward dealing with climate change, even though there is already a separate international forum that specifically discusses the issue of climate change.

In fact, G20 countries, including Russia, Saudi Arabia, and Indonesia, have made net-zero emission commitments. Argentina is now the only G20 country that has not made such a commitment. 
Related news: Ministry lists three priority issues in energy transition
Related news: Cutting fossil energy use can make Indonesia investment destination

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