The Indonesia Net Zero Summit: Industrial Decarbonization at All Cost, held on 11 November in Bali, opens a new chapter in the country’s journey towards achieving Net Zero Emissions. Across five panel discussions, and with fireside chats as well as breakout sessions in between, the summit put leading industry actors on center stage as they shared invaluable learnings gained from their respective company/organization’s efforts in taking the necessary climate actions. Among these companies were WEF and Accenture, who recently collaborated in a global initiative to support industrial clusters in their paths to net zero.
Furthering their action in supporting the transition, the two companies, supported by KADIN and RE100 (led by Climate Group in partnership with CDP) also recently launched a paper outlining a series of policy aspects that, if addressed, would help unlock Indonesia’s clean energy future. The paper outlines possible regulatory and policy framework enhancements that can enable Indonesia to attract the $150-200 billion in annual investments it needs to meet its net-zero targets.
You can access the publication here.
During the summit, Accenture in collaboration with the World Economic Forum also hosted a panel discussion on the topic of Policy and Partnerships for Indonesia’s Decarbonization. As part of their industrial cluster decarbonization initiative, they were joined by the industrial plants at Jababeka Industrial Estate in Cikarang, Indonesia, to create the first ever net zero industrial cluster in Southeast Asia comprising Pertamina, Hitachi, Unilever and L’Oréal.
The Indonesia Net Zero Summit 2022 became an opportunity for leading actors and companies in the national net zero movement such as WEF and Accenture to accelerate collective actions in building a low-carbon economy and realizing a climate-resilient Indonesia.