Indonesian delegation visits US, Canada to promote B20 agenda

Trading

The Indonesian Business 20 (B20) delegation conducted a roadshow in the United States and Canada to disseminate the priority issues and agendas of Indonesia’s 2022 B20 Presidency.

The roadshow also sought to invite business actors from the two countries to attend the B20 Indonesia Summit on November 13–14, 2022, in Bali, head of Indonesia’s B20 Presidency organizer, Shinta W. Kamdani, informed in a statement issued here on Saturday.

According to the B20 website, the forum is the official G20 dialogue forum for the global business community.

The official said she expects the roadshow to boost Indonesia’s bilateral economic cooperation with the United States and Canada and showcase investment opportunities in energy transition and sustainable financing to potential investors from the two countries.

The green energy transition project is expected to be one of the legacies of Indonesia’s 2022 B20 Presidency for the global community.

It will be pursued through a net-zero road map to create more business opportunities, clean and green jobs, as well as inclusive and collaborative economic growth.

During the roadshow, the B20 delegation visited the Bloomberg New Energy Finance (BNEF) Forum, New York Stock Exchange, World Bank, Development Finance Corporation (DFC), United States Chamber of Commerce, and the Department of Commerce.

They also met the US President’s special envoy for climate, John Kerry.

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During the visit, Kamdani, who is also vice chairperson III of maritime, investment, and foreign affairs at the Indonesian Chamber of Commerce and Industry (Kadin), emphasized that meeting the net-zero emissions target set by Indonesia for 2060 will require financial, technology, and energy infrastructure support to encourage the optimal use of new and renewable energy.

In addition, proper incentive policy mechanisms are required to increase public and private funding and investment in low-carbon activities and projects.

“In conducting the energy transition, we must also pay attention to energy justice since the attempt also concerns the general community,” the Kadin official said.

During the roadshow, the Indonesian delegates also called for cross-border cooperation and global solidarity, with a focus on the development of digital transformation, clean energy, as well as micro, small, and medium enterprises (MSMEs).

Source: Antara News