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Discourse: BritCham eyes green investment, ASEAN supply chains

The chairman of the British Chamber of Commerce in Indonesia spoke to The Jakarta Post’s Adisti Sukma Sawitri and Ruth Dea Juwita about the country's green investment opportunities, British firms’ involvement in the Just Energy Transition Partnership (JETP), mineral export bans and a potential bilateral trade agreement.

Ruth Dea Juwita (The Jakarta Post)
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Jakarta
Tue, August 29, 2023

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Discourse: BritCham eyes green investment, ASEAN supply chains British Chamber of Commerce in Indonesia (BritCham) chairman Rino Donosepoetro (left) poses for a photo on Aug. 21, 2023, with BritCham CEO Chris Wren at BritCham’s office in Jakarta. (Ruth Dea Juwita/-)

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or more than four decades, the British Chamber of Commerce in Indonesia (BritCham) has served as a platform for British and Indonesian companies to network, collaborate and promote bilateral trade and investment.

BritCham chairman Rino Donosepoetro spoke to The Jakarta Post’s Adisti Sukma Sawitri and Ruth Dea Juwita about green investment opportunities in Indonesia, British firms’ involvement in the Just Energy Transition Partnership (JETP), critical mineral export bans and a potential bilateral trade agreement.

 

Question: Where does BritCham see green investment opportunities in Indonesia?

Answer: UK businesses want to engage actively in sustainable practices, be it by greening the supply chain, developing sustainable infrastructure, or diving into green finance. This isn't just a matter of goodwill. They're viable commercial sectors, especially in the realm of the energy transition and renewables.

Green initiatives and sustainable development are top priorities from the commercial standpoint. British banks like HSBC and Standard Chartered have been leading in Indonesian green financing.

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British financial institutions in banking and insurance play a key role. International financial institutions are coming in, not only to provide financial support and loans, but also to invest as equity stakeholders, driving projects.

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