Japan-led decarbonisation forum called out for promoting 'false' climate solutions to Indonesia

Quick Summary:

Billed as a platform to advance decarbonisation and boosting economic growth, environmentalists say the Asia Zero Emission Community meeting in Jakarta is promoting "false solutions" to the climate crisis, and poses debt risk for Indonesia.

Initiated by Japan prime minister Kishida Fumio in 2020 and launched by 11 partner countries including Australia and Asean nations in 2023, the forum aims to provide a platform for government officials and business leaders to advance decarbonisation solutions while promoting economic growth.“What we are trying to do is promote inclusivity and focus on as many [climate] projects as possible.

Japan has pledged up to US$8 billion to AZEC countries by 2030 for energy projects, including renewable energy, hydrogen, ammonia, and carbon capture and storage (CCS).

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Article Details

Author / Journalist: Adelia Dinda Sani

Category: EconomyBusiness

Markets: SingaporeAustraliaBangladeshIndonesiaJapanPhilippinesUnited KingdomUnited States

Topics: Energy Climate risk Sustainable development SEA clean energy transition Hydrogen International cooperation Industrial waste Sustainable finance

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 05:12:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 1467 words

Reading Time: 9 minutes read

Sentences: 53 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 22858486

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