Indonesia to develop world’s largest green industrial area
Indonesia is developing the largest green industrial area in the world, in North Kalimantan, that has great potential in the development of renewable energy.
Indonesian President Joko Widodo at the P4G Summit (Photo: Antara)
Jakarta (VNA) - Indonesia is developing the largestgreen industrial area in the world, in North Kalimantan, that has greatpotential in the development of renewable energy.
Indonesian President Joko Widodo revealed the plan during the Partnering for Green Growth and the Global Goals2030 (P4G) Summit held in the Republic of Korea in the form of a videoconference on May 30.
“Indonesia has a vision to build a carbon market and willbecome the owner of the largest carbon stock in the world,” he stated.
“Indonesia has implemented a low-carbon development plan which isan integral part of the national mid-term development plan. Indonesia has alsoissued Job Creation Law as part of Indonesia’s commitment to ensure the economicand social progress of the community does not harm the environment,” thePresident explained.
He affirmed that the availability of financial support and technology transferis the key to success for green development for carbon neutrality. To that end,Indonesia is open to investment and technology transfer.
ThePresident went on to say that every country needs tostrengthen concrete and sustainable cooperation that can beimplemented immediately.
Accordingto him, protectionism under the guise of environmental issues must beavoided. Environmental parameters must be clear, and be carried out in a fairand transparent manner./.
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The Indonesian government will receive loans and grants worth over 11.92 trillion rupiah (836.7 million USD) in total through the Environmental Fund Management Agency to finance different projects on green energy and environment, according to local authority.
Indonesian Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan said the government is gradually shutting down coal-fired power plants, and focusing on developing new and renewable energy.
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Univers said in a statement that the new centre will serve as a hub for innovation, bringing together digital intelligence and climate ambition to accelerate Sarawak's transition toward a low-carbon, tech-enabled economy.
The target is to be completely free from plastic waste within two years. This can only be achieved if all parties implement the initiative with strong discipline.
Indonesia is taking new steps to improve protections for fishery workers, amid concerns over low wages, harsh working conditions, and limited access to social welfare.
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The desk will serve as a service centre providing market intelligence, business licensing guidance, facilitating business cooperation, identifying potential investment projects, and harmonising regulatory policies between the two parties.
Malaysian Prime Minister Anwar Ibrahim noted that the Asia-Pacific region accounted for half of global energy consumption and 60% of greenhouse gas emissions in 2024. Despite this, regional countries, including eight of ten ASEAN member states, remain committed to climate goals, including net-zero emissions and tripling global renewable capacity by 2030.
The new halal cooperation arrangement will streamline halal certification and product assurance processes, making it easier for New Zealand exporters to access the Indonesian market.
Indonesian President Joko Widodo at the P4G Summit (Photo: Antara) 
