G20 Presidency Becomes a Great Leap for Indonesia's Energy Diplomacy
Indonesia is trusted to hold the G20 Presidency with the theme "Recover Together, Recover Stronger" or "Recover Together, Rise Up Mighty" with the peak moment of the G20 Summit in Bali in November 2022. Indonesia prioritizes three main issues in the G20 Presidency, namely the transition to sustainable energy, the world health system, and economic and digital transformation.
The discussion on the sustainable energy transition cannot be separated from the issue of energy security, energy transition to low-carbon energy systems, including investment and innovation in cleaner and more efficient technologies. This was stated by the Ministry of Energy and Mineral Resources (ESDM) which now preparing to lead discussions and cooperation related to the issue of sustainable energy transition which will focus on access, technology, and energy transition funding in the Energy Transitions Working Group (ETWG) of Indonesia G20 Presidency.
The former Minister of Mines and Energy from 1978 to 1988, Subroto, said that the main challenge of the energy transition was that neither a national consensus nor a national agreement had been reached. In addition, funding and human resources are also challenges in realizing the energy transition. Meanwhile, Director of Development Planning and Infrastructure of the Directorate General of EBTKE, Ministry of Energy and Mineral Resources, Hendra Iswahyudi, said that the government had set various regulations in the effort to develop EBT. The government has also prepared a roadmap towards Net Zero Emission (NZE) 2060.
For the first issue, namely energy access, the discussion will focus on affordable, reliable, sustainable and modern energy for all (leaving no one behind), especially energy for electrification and clean cooking. Meanwhile, the second issue, namely technology, will discuss efforts to generate more energy in a more efficient way or in a new way. One of them is energy storage, low carbon energy system, clean industrial development, integration of renewable energy and energy efficiency. The issue of funding was raised as the third discussion considering that the energy transition would require new projects, so that new investments would also be required.
ECADIN researcher and lecturer of International Relations at Pertamina University, Novita Putri Rudiany, said that there were at least 3 important things that were seen in the development of Indonesia's energy diplomacy at the G20. First, increasing the positive image of the nation. Second, the opening of direct investment opportunities in potential areas. Third, all parties, both government and non-government can play their role in supporting the global energy transition. Therefore the G20 is a great leap for Indonesia's energy diplomacy.
By: Corporate Communications PT ABM Investama Tbk