President Joko "Jokowi" Widodo gave speech at World Leaders Summit on Forest and Land Use, held in Glasgow, Scotland on Tuesday, November 2 2021.(President Secretariat/BPMI Setpres/Lukas)

The more ambitious climate action the better for Indonesia’s economy

The Jakarta Post. Indonesia, like many other economies across the world, is gradually recovering from multiple waves of COVID-19 infection. Meanwhile, we are at a pivotal juncture in dealing with climate change, as the cost of climate impacts begins to mount and our window for action narrows.

Climate change has many dangerous implications for Indonesia. Indonesia’s gross domestic product (GDP) could shrink by 16.7 to 30.2 percent because of the impacts of climate change if the world is 2 to 2.6 degrees Celsius warmer by mid-century, according to recent analysis by the insurer Swiss Re. Indonesia also ranks as the most vulnerable to climate change impacts among the 48 countries analyzed.

Yet, climate action is also a huge opportunity. With system-changing green interventions in key economic systems, Indonesia could reach net-zero emissions by as early as 2045, while achieving strong, resilient growth. Read more…

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