Indonesia’s G20 Presidency encourages concrete measures in the three priority areas of global health architecture, digital economic transformation, and energy transition, Coordinating Minister for Economic Affairs Airlangga Hartarto said.
“Indonesia’s G20 Presidency sees the importance of real joint actions in all three priority fields towards realizing sustainable global recovery,” Hartarto noted here on Thursday.
In the health sector, the Indonesian G20 puts forward global response and inclusivity in overcoming the COVID-19 pandemic, especially for vaccine affordability, accessibility, and strengthening the global health architecture.
Digital transformation efforts are also made on account of the fact that the pandemic has boosted the use of digital technology in the economic and social sectors.
Indonesia also stresses the importance of digital infrastructure or hardware availability, such as fiber optic networks, for several digital platforms to be affordable and easily accessible.
For instance, Hartarto highlighted the government’s pre-employment card program that is part of digital transformation, wherein it uses digital training mechanisms to hone the quality of the country’s human resources.
Skilling, reskilling, and upskilling training are conducted digitally, and at the same time, the pre-employment card became a semi-social aid for people affected by the pandemic.
Meanwhile, Indonesia is still studying proper financing mechanisms to realize energy transition that is driven by investment in renewable energy.
Investment in renewable energy — hydropower, solar, and Carbon Capture and Storage (CCS) — is being widely developed in various regions in Indonesia for which considerable financing is required.
Indonesia has also launched an innovative financing scheme to accelerate the closure of coal-fired power plants in accordance with the Glasgow Climate Pact.
Furthermore, Indonesia cooperates with the Asian Development Bank (ADB) through the Energy Transition Mechanism and utilizes ammonia gas for electric power production.
“For this reason, innovative financing solutions, schemes, and international support are necessary, and this is in line with the Glasgow Agreement,” he affirmed.
Source from Antara News
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