Jakarta –

President Joko Widodo (Jokowi) explains a number of efforts that can be made to overcome the increase in Earth’s temperature, which is expected to continue to rise over the next five years. Jokowi conveyed it to the leaders of the state G20 during the first session of the G20 summit in India.

“Our earth is sick. Last July, global temperatures reached an all-time high and are expected to continue to rise over the next five years. This will be difficult to bear unless the world addresses it decisively. massive and radical,” Jokowi said in a statement. of the Press, Media and Presidential Secretariat Office, Saturday (9/9/2023).

The G20 India Summit which Jokowi attended was held at Bharat Mandapam, IECC, Pragati Maidan, New Delhi, India.

Jokowi said accelerating the low-carbon economic transition was one possible effort. He estimated that at present, the implementation of emission reduction is still very limited.

“Financial commitments from developed countries remain limited to rhetoric and paper, whether it is climate financing of $100 billion per year or loss and damage financing mechanisms,” he said. declared.

Jokowi said that currently developing countries need help in green technology and investments to accelerate the reduction of emissions worldwide.

“We are developing countries, we really want to accelerate emissions reductions, but we need support for technology transfer and green investments,” he said.

Apart from this, Jokowi also said that financing to accelerate the reduction of emissions is also considered important. According to him, cooperation between the government and the private sector must be continued because it is considered that it can constitute a big change in reducing emissions.

“Last year in Bali, Indonesia launched the G20 Bali Global Blended Finance Alliance, this Just Energy Transition Partnership (JETP) program needs to be extended and expanded,” he said.

For this reason, Jokowi said global standards are needed, especially in terms of bundling economic and commercial activities to prevent greenwashing practices.

“Global standards are needed, such as taxonomies to prevent greenwashing practices and reforms of multilateral development banks (MDBs) must reflect the representation of their member countries,” he explained.

In this activity, Jokowi was accompanied by Coordinating Minister (Menko) of Economic Affairs Airlangga Hartarto, Coordinating Minister of Maritime Affairs and Investment Luhut Binsar Pandjaitan, Minister of Foreign Affairs Retno Marsudi and Minister of Finance Sri Mulyani.

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