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‘Actions, not rhetoric’: Jokowi admonishes G7 for climate financing impasse
President Jokowi fired back at the sluggish progress of financing a just global energy transition, as he called on the leaders of G7 to follow through on their climate pledges.
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United States President Joe Biden (right) and Indonesia's President Joko Widodo (left) take part in the “Partnership for Global Infrastructure and Investment“ meeting during the second day of the G7 Summit Leaders' Meeting in Hiroshima on May 20, 2023. (AFP/Ministry of Foreign Affairs of Japan)
P
resident Joko “Jokowi” Widodo fired back at the sluggish progress of financing a just global energy transition, as he called on the leaders of the world’s seven most advanced economies to follow through on their climate pledges.
Speaking at a session on climate, energy and environment at the Group of Seven (G7) Outreach Summit in Hiroshima, Japan, at the weekend, Jokowi called on the group of rich countries to put their money where their mouth is.
“Developing countries are becoming doubtful over the funding commitments by developed nations,” the President said in his speech on Saturday.
“The old approach of burden shifting [and] propaganda must be left behind. The world needs real action, not just talking the talk that brings no concrete results,” he said.
Indonesia is not a member of the G7, but was among the few middle-power countries invited to the summit.
Jokowi’s remarks come as Indonesia grows increasingly frustrated with countries that have so far failed to honor their climate financing pledges.
Following the Group of 20 Summit in Bali last year, Indonesia secured a US$20 billion pledge from the G7 over a five-year period, potentially making it the single largest climate-related transaction. It is part of a bigger G7 promise to pledge $100 billion toward climate financing.
