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Jakarta Post

Financing strategy for a climate-resilient Indonesia

New York   /   Mon, September 25, 2017   /  08:08 am
Financing strategy for a climate-resilient Indonesia A model poses in one of the booths in in the Indonesia Climate Change expo at Jakarta Convention Center on Thursday, April 14, 2016. (Antara/Sigid Kurniawan)

On the sidelines of the United Nations General Assembly last week, I spoke with business leaders at the Bloomberg Forum to underscore Indonesia’s commitment to its climate-resilient future. As finance minister, the climate financing aspect of this development challenge is within my purview and something I am deeply passionate about. There is continued support and growing expectation for the private sector’s increased role in developing creative and innovative financing — including concessional sources — for adaptation and mitigation projects. The function of local governments is also widely recognized as more important to solve the challenges related to their critical role at the grassroots level. By 2050, the world will need to feed 9 billion people while reducing emissions and ensuring climate-resilient food security. An additional 1.1 billion people will ...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.