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ISF 2024 Produces Several Important Agreements

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The 2024 Indonesia Sustainability Forum (ISF) which took place in Jakarta has produced a number of important agreements in an effort to promote a green economy and sustainability.

The forum, which was attended by thousands of participants from various countries, became a momentum for Indonesia to strengthen international collaboration in facing the challenges of climate change.Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, said that ISF 2024 succeeded in recording several strategic agreements, one of which was related to electricity exports to Singapore.”Yes, it’s underway, we’ve signed it (MoU),” said Luhut.Luhut revealed that the amount of electricity exported to Singapore is 2 Gigawatts. The electricity comes from the Solar Power Plant (PLTS) located in Batam, Riau Islands.In fact, Luhut assessed that the electricity export figures that fall into the environmentally friendly electricity category could change.”It was said earlier 2, first 2 gigawatts. Later it could develop, it could, later it could increase. We’ll see, that’s the best,” Luhut said.,” he added.Nevertheless, Luhut ensured that the government would continue to prioritize electricity for the needs of the Indonesian people.”We also have to look at domestic needs, right? Don’t export everything, or we won’t have any,” Luhut said.Meanwhile, Vice President Ma’ruf Amin emphasized that Indonesia has a high commitment to play an active role in realizing sustainable development. Among other things, this is done through strengthening international cooperation.The Vice President also assessed that there were a number of calls in efforts to advance global development.”I invite world leaders to jointly optimize international cooperation in the field of green technology,” said Vice President Ma’ruf.Furthermore, he also invited world leaders to formulate fair policies.”Second, let us synergize in formulating inclusive and equitable global policy initiatives,” he said.Lastly or thirdly, Vice President Ma’ruf supports optimizing the role of financial institutions to finance green projects so that they can provide real benefits to the community.”Third, let us encourage the expansion of the role of international financial institutions in financing green projects in developing countries,” said the Vice President.

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