Green Energy Takes Center Stage at AIPF 2023

Kominfo 08 September 2023
Green Energy Takes Center Stage at AIPF 2023

Jakarta, 7 September 2023 – Deputy Minister of State-Owned Enterprises (SOEs) Rosan Roeslani stated that the EV Ecosystem and Value Chain project is one of the projects with very high interest at the ASEAN-Indo-Pacific Forum (AIPF).

"There were three EV Ecosystem and Value Chain projects (presented), and more than 50 people attended, exceeding the capacity," said Rosan.

The transition to clean energy and green energy, in fact, has become a hot topic. The Southeast Asian region has emission reduction targets which are based on projection data, indicating that without climate mitigation measures, the ASEAN region's Gross Domestic Product (GDP) will decline by 2048, making ASEAN the most vulnerable market in the Asian region. To achieve emission reduction targets, ASEAN needs cumulative investments of over US$1.5 trillion by 2030.

The 43rd ASEAN Summit held in Jakarta from 5–7 September 2023 reflects the spirit of ASEAN countries in promoting the use of eco-friendly energy. In the AIPF, the flagship topics of discussion include renewable energy, the development of green hydrogen, green ammonia, refinery alumina, battery value chain, as well as toll road and port infrastructure.

AIPF agenda on the second day, Wednesday, 6 September 2023, included Leaders Talk, Briefers, CEO Fireside Chat, and panel discussions. All of these discussions delved into the three subthemes of AIPF: Green Infrastructure and Resilient Supply Chain, Sustainable and Innovative Financing, and Inclusive Digital Transformation and Creative Economy.

Clean energy is also one of the four priority sectors for Australia to develop its business cooperation. Vice Foreign Minister Pahala Mansury stated that Asia is the main destination for Australia's investment, in line with Australia's South East Asia Economic Strategy to 2040.

"Therefore, several priority sectors, as mentioned by Prime Minister of Australia Anthony Albanese, include agriculture and food, energy resilience and clean energy transition, infrastructure, and education," said Pahala.

In addition, Prime Minister of Japan Fumio Kishida shared similar sentiments in a separate session. Kishida mentioned that, in line with the ASEAN Connectivity Initiatives, Japan will enhance connectivity with ASEAN countries, particularly in six areas: infrastructure and transportation development, digital connectivity, maritime, supply chain resilience, green energy, and human resources and development.

Meanwhile, Prime Minister of Canada Justin Trudeau expressed hope to develop innovative cooperation focusing on human resource development, infrastructure, ocean management, mitigation and disaster management, as well as renewable energy. The ASEAN-Canada Strategic Partnership program has increased Canada's trade with ASEAN by 29% compared to the previous year.

The business matching event, attended by more than 185 national and international investors from 129 companies over two days, AIPF successfully identified cooperation potential worth US$32 billion (approximately Rp490.59 trillion) for Indonesia and US$810 million (approximately Rp12.4 trillion) for other ASEAN member countries.

"Although the total projects in this business matching are not yet final, we hope this agenda could promote cooperation and understanding of the investment needs expected by all countries participating in the AIPF agenda," concluded Pahala.


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Photo caption: President of the Republic of Indonesia Joko Widodo, along with the heads of state/government of ASEAN countries, listens to a presentation by the President Director of PT PLN (Persero) Darmawan Prasodjo (right) during their visit to a booth at the sidelines of the ASEAN-Indo-Pacific Forum (AIPF) at the Hotel Mulia, Jakarta, Selasa (5/9/2023). Media Center KTT ASEAN 2023/Galih Pradipta/aww.

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