Energy, Sustainability, and Climate B20 Task Force Propose 3 Recommendations for Green Energy Transition

The Energy, Sustainability & Climate Task Force has prepared three recommendations for a green energy transition which will be presented at the G20 Summit in Bali in November 2022. The three recommendations were agreed upon at the Inception Meeting Business 20 (B20) held virtually at the end of January 2022.

Chair of Energy, Sustainability, and Climate Task Force, Nicke Widyawati emphasized the importance of green energy transition, as stated by President Joko Widodo.

According to Nicke, the energy transition is a challenge, but it should also be seen as an opportunity to create a future and sustainable economic growth, by implementing strong scenarios and roadmaps, especially for the financial aspect.

"Energy, Sustainability, and Climate B20 Task Force have the same priorities as the G20 Indonesia, where we must be a strong green recovery catalyst and go together with the principles of energy security, equity, and environmental sustainability," said Nicke.

Nicke said that the Energy, Sustainability, and Climate Task Force will formulate policy recommendations for a sustainable energy transition focusing on three priority issues.

First, accelerating the transition to sustainable energy use; to ensure global warming is limited to a maximum of 1.5 degrees Celsius. The main topic identified for policy development is the development of alternative fuel industries around hydrogen and biofuels. Second, ensuring a fair and affordable transition; global cooperation on impact mitigation, and support for adapting to change. Third, global cooperation in increasing energy security; for households and MSMEs to end extreme poverty and accelerate the energy transition to sustainable energy use.

It is also important to ensure equity by increasing access and affordability of clean and modern energy, which is not only essential for a successful transition but also delivers environmental, gender, and economic benefits.

"The spirit, hard work, and commitment of this meeting will continue, which will bring global change for the better after the COVID-19 pandemic so that we can Recover Together, Recover Stronger," said Agung.