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Jakarta Post

Thyssenkrupp, BayernLB host forum on green transformation

Front Row (The Jakarta Post)
Jakarta
Mon, November 4, 2024 Published on Nov. 4, 2024 Published on 2024-11-04T09:58:29+07:00

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Thyssenkrupp, BayernLB host forum on green transformation

T

hyssenkrupp Decarbon Technologies and BayernLB hosted the “Powering the Green Transformation in Southeast Asia” forum in Jakarta on Oct. 30, focusing on technology and financing enablers for decarbonization across Southeast Asia.

The forum brought together industry leaders, policymakers and stakeholders to discuss the region’s energy transition, addressing urgent climate threats while highlighting regional growth potential.

Attendees included high-level representatives such as the German ambassador to Indonesia and Industry Ministry officials, as well as senior leaders from hard-to-abate sectors including cement, chemicals and energy.

Representing the fourth-largest market globally with a combined GDP of €3.7 trillion (US$4.02 trillion) in 2023, Southeast Asia’s fast growth is also tempered by its vulnerability to climate impacts like rising sea levels and extreme weather events.

To balance growth with sustainability, Southeast Asian nations and industries are increasingly focused on accelerating their decarbonization journeys.

To that end, thyssenkrupp and BayernLB’s joint event highlighted Southeast Asia’s climate imperatives and economic strengths, with a primary goal of sharing advanced technological and financial insights tailored to the Southeast Asian context.

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