Indonesia and IEA Strengthen Partnership to Achieve Net-Zero Emission Targets

Strategic Insights -

The governments of Indonesia and the International Energy Agency (IEA) have reaffirmed their commitment to accelerating the achievement of net-zero emission targets in various energy sectors through their joint work program, which will continue until 2023. Minister of Energy and Mineral Resources Arifin Tasrif signed an agreement with IEA director Fatih Birol on March 29, 2022, to strengthen collaboration on key areas such as energy data, energy security, emergency response, and policy. The partnership aims to maximize the achievement of net-zero emissions and support Indonesia's energy transition.

Key Takeaways:

  • The joint work program between Indonesia and IEA will continue until 2023, focusing on key areas such as energy data, energy security, emergency response, and policy.
  • The partnership aims to strengthen Indonesia's collaboration with the IEA in areas such as energy statistics, bioenergy, energy efficiency, and clean technology.
  • Minister Arifin Tasrif stated that the IEA's support will enhance Indonesia's cooperation with the global community to achieve net-zero emissions targets.
  • Indonesia has been working closely with the IEA as a strategic partner over the past few years, and the joint work program 2022-2023 has undergone a long and thoughtful process.
  • A comprehensive net-zero emission road map is being developed to guide Indonesia's energy transition over the next few years and decades.
  • Indonesia plans to raise the issue of reducing carbon emissions during its G20 Presidency and collaborate with the global community to achieve net-zero targets.
  • The country recognizes the importance of preventing Earth warming and has introduced measures such as the carbon tax, carbon market, and forest reserves to achieve net-zero targets.
  • Indonesia acknowledges that achieving net-zero emissions will require credible programs to cut carbon emissions, and the country cannot achieve this alone, necessitating global support.

Statistics:

  • The joint work program between Indonesia and IEA will continue until 2023.
  • Indonesia and IEA are developing a comprehensive net-zero emission road map to guide the country's energy transition.
  • Indonesia aims to achieve net-zero emissions targets in various energy sectors.

Sources:

  • Minister of Energy and Mineral Resources Arifin Tasrif
  • IEA director Fatih Birol
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  • Finance Minister Sri Mulyani Indrawati